Industry

The new recruits managed over $300 million in client assets.

Reorganization includes the departure of one of the company’s highest paid executives.

The Advice & Wealth Management segment added 72 experienced advisors who affiliated in the second quarter.

The firm isn’t “the high bidder,” and that’s just fine, according to Paul Reilly.

The Labor Department is poised to release a rule that would make it easier for small businesses to establish a multi-employer 401(k) plan for their workers.

Michelle Rudd opened a new office for Summit Trail Advisors, a $5 billion independent firm.

Integrated Partners added a father-son team, surpassing its recruited client assets from the previous year.

The fintech raised $323 million and is expanding trading of cryptocurrency.

Profitability is improving and all divisions, except the firm’s biggest — wealth management — surprised the market on the upside.

After almost a decade of competing for digital advice assets, new banking offers have the firms going toe-to-toe again.