Industry

The firm hired more than 10,000 employees, boosting total staff to 47,000 associates.

Robinhood Markets has snared most of the attention for attracting an army of day traders during the pandemic. But far bigger profits are flowing to the family behind Fidelity Investments in Boston.

The bank had nearly 270,000 employees at the end of last year.

The RIA acquired the innovative practice while bulking up its social justice investing efforts and its wealth redistribution planning services.

The first deal under new Betterment CEO Sarah Levy will net the firm 17,000 accounts and $190 million in client assets.

Wealth Enhancement Group’s second acquisition of 2021 comes as experts say there’s an “ever-increasing buyer appetite” for $1 billion-plus firms.

After going public, the clearing firm plans to to grow and nudge further into the traditional advisory space, says its president.

Those with the resources to sort through compliance thickets may be better positioned to take advantage of some long-awaited changes.

The quartet of financial advisors range in age from their 20s to their 90s, and are the second group to sign with Dynasty this week.

Despite Voyant’s success internationally, it is relatively unknown in the U.S. The TAMP plans to change that.