Industry

There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.

As consolidation reshapes the market, the custodian sees an opportunity to attract tech-forward and multi-custodial firms.

The alternative asset manager said it has $77 billion in cash, securities and other available capital, including uncalled capital commitments from clients.

The team caters to athletes, entertainers, and entrepreneurs.

Do RIAs still have a clear advantage when it comes to modern planning software?

They all spent over a decade at their former firm.

“I wanted to be able to walk in the door and only be able to answer to one constituency: my clients,” advisor Andy Ferguson says.

The firm will also pay a penalty and offer to buy back variable annuities the former broker sold to 21 other investors.

One of the largest professional designation and training schools launched a program to award free tuition to at least 25 students in the next year.

The hires hail from Morgan Stanley and Wells Fargo.