Industry

Commentary: All signs point to the need for advisors to change, simply in order to remain relevant to clients and prospects.

Eric Sanderson joined the bank from Ascent Private Capital Management, the ultrahigh-net-worth business of U.S. Bank.

Recruits with a combined $3.3M in production leave Morgan Stanley and Ameriprise, bound for the Swiss-owned brokerage.

A Hilliard Lyons wealth manager goes the route of independence after spending than a decade in the employee channel.

The firm will "re-focus" its business on Cetera, which will enter into a "strategic relationship" with Apollo Global Management to offer that firm's sponsored alternative investment products.

The wirehouse collects for breach of a promissory note.

After "deep consideration" and despite legal obstacles, Kimberly and Jeff Camarda say they still want to right "grave wrongs."

Robo fears are based on newer technology where the motivation is to replace people, says the CEO of Addepar. Its portfolio analysis platforms currently serve $300 billion in AUM, the firm says.

A year after they teamed up with the goal of building a $1 billion firm, the two best-selling authors split; "That is how life goes sometimes," Edelman says.

A team managing over $200 million is the second move this month between the two wirehouses.