Industry

Clients have received a combined $3.7 million in settlements involving two barred former reps of the IBD set to be acquired by Atria Wealth Solutions.

“We got to the point where we wanted a pure fiduciary relationship with clients,” Perry Mattern says.

Fintechs are also attracting strong PE interest; robos not so much.

Maryland and New Jersey are among the least-appealing places for employees to spend their post-work years, due in part to affordability, health costs and overall quality of life.

Negotiations ended in December because the parties couldn’t agree on a price amid a rout in U.S. stocks, according to people familiar with the matter.

No client wants to pay up. But, some could benefit from more tax exposure in retirement than actual spending.

Exiting larger firms can result in unique issues that need to be carefully considered.

The No. 1 IBD is reaping the benefits of learning the lesson that it “can never move away from the advisor,” according to its head of business development.

The new office will complement the relocation of the firm's headquarters to the state.

Virginia and Colorado are among the most-appealing locations for retirees to spend their golden years, due in part to top scores in affordability, health-related factors and overall quality of life.