Industry

The deal combines two giants: the leading financial planning provider by market share with the leading TAMP by client assets.

The transaction means the TAMP will own software that serves tens of thousands of financial advisors.

The group with $175 million in client assets opted for a Ladenburg IBD they think is less likely to change hands in the future, the OSJ manager says.

The losing firms? Morgan Stanley and Wells Fargo.

The value custodians offer RIAs is not going away any time soon, but it is has changed.

A seller’s market means firms will need to adjust pay-raise budgets for 2019. They may also need to increase salary offers to attract the best workers.

Alternative asset managers are under pressure to broaden their offerings as institutional investors seek to make big allocations to fewer firms.

The 12-advisor practice serves clients in a group often neglected by the industry, its managing directors say.

It took less than six months to hammer out the biggest bank merger in more than a decade, and the price was one of the last things discussed, according to a new federal filing.

Gauging the valuation of your business is a way of knowing the overall health of the firm. It can be a humbling process.