Industry

The firm's latest acquisition is MacDougall MacDougall & MacTier, known as 3Macs, and which was founded in 1849.

Some insiders at big brokerage firms encouraged the DoL to maintain progress. "That kept us going," Assistant Secretary of Labor Phyllis Borzi says.

Sales commissions may decrease, but new assets are expected to come on the platform.

The recruits moved to the firm from Morgan Stanley, Wells Fargo, Stifel and Voya.

"With so many buyers, it’s a good time to be a seller," according to the Nuveen/DeVoe RIA Deal Book.

Vice Chairmen Dan Cummings and Sam Chapin, who helped meld the wealth management firm to the bank after the financial crisis, are stepping down.

These adviser bosses have qualities that help them grab top talent for their firms, says recruiter Mark Elzweig.

Firm relaunches as Aretec – Cetera spelled backward; new owners are undisclosed.

The latest deal with heavyweights including Eaton Vance challenges industry predictions that robos would die off.

Are you using a robo adviser with clients? Be prepared to understand the inner workings of your digital tools, says Hardeep Walia, CEO of Motif Investing.