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For advisors, this structure can deepen relationships and help bring interaction with new populations and prospects, writes Marianne Caswell.

Clayton Bland is Chief Wealth Advisory Officer at CLA, with more than 20 years of experiences within the financial services industry.

Marianne Caswell is the President of Park Avenue Securities, LLC and is building a comprehensive wealth management platform to help financial advisors meet the wealth management needs of their clients. Park Avenue Securities is a registered broker-dealer, investment adviser and a direct, wholly-owned subsidiary of The Guardian Life Insurance Company of America. PAS is a member of FINRA and SIPC.

The company is making many employees sift through years of text messages on personal devices and set aside any related to work to ensure U.S. rules on keeping copies of business communications are met even after many months of remote work, according to people with knowledge of the situation.

Here's what you missed this week in the world of financial advice, including people moves, deals, enforcement, and research.

Firms using the fintech will lose support on September 6.

Advisors John Gill and Bryan Horner were joined in the move by Mari Hurd, business practice coordinator, and Katie Bosler, senior registered client service associate.

The Boston trust bank has set up a division called State Street Digital, led by Nadine Chakar, that will help customers invest in cryptocurrencies. It will also develop blockchain and smart contract technology and the ability to tokenize assets.

Two representatives in a New Jersey office made lewd comments and created a hostile work environment, the former employee says.