Industry

The founder of the private-equity backed RIA says he's interested in further acquisitions but doesn't want to be "growing for growth's sake."

The deal values closely held Fisher Investments at $12.75 billion and is part of the founder's estate planning, according to the firm.

Yext's CEO said his firm could have tried building its own in-house compliance software. Instead, it found exactly what it needed at Hearsay Systems.

Sources familiar with the case say Nicholas Takahashi's name surfaced on a Wells Fargo website long after he had left to work for a competitor.

Like its Wall Street rival Morgan Stanley, Citi sees a path to trillions in client assets in its workplace division.

Working in teams can boost productivity, make succession easier and allow advisors to move upmarket, new research suggests.

The deal comes as a Raymond James executive questions if advisors who choose to go with private owners won't regret their decisions in three to five years.

Concurrent Financial Planning brings academic gravitas to its growth plans under the firm's founder Preston Cherry and his wife, Managing Partner Eiman Osseilan.

LPL Financial topped the list, but the next five firms in these rankings of the 10 that picked up the most brokers from rivals are wirehouses and employee brokerages.

The latest appointment comes amid Citi's continued overhaul of its executive ranks and wealth business.