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Regulatory reform was on the top of everyone’s minds at the Women Advisors Forum in New York City on Thursday.

The announcement from Ameriprise Financial that it planned to divest Securities America set off an inevitable scramble among recruiters and the company’s advisors. So what's next?

Fidelity Investments has expanded its marketing consulting program for financial advisers with a new “Business Development and Marketing Planning Toolkit.”

HSBC Global Asset Management has launched two emerging market debt funds. The HSBC Emerging Markets Debt Fund will invest in fixed income issued in emerging markets, and the HSBC Emerging Markets Local Debt Fund will invest in fixed income issued in emerging markets denominated in local currencies.

Horizon Asset Management and Kinetics Asset Management announced Thursday that they will merge on May 1 to form Horizon Kinetics, an investment advisor with $9.8 billion in assets under management.

U.S. Bancorp expects significant long-term growth from its wealth management business over the next three to five years as it looks to reap the benefits from an aggressive four-year strategy to transform the business.

An uptick in mergers and acquisition among investment advisory firms at the end of last year suggests that the pace will increase, according to a study by Pershing Advisor Solutions, a unit of BNY Mellon. However, there were fewer deals, and they took longer to complete in last year, compared to the peak in 2007.

Ken Abady, Brad Benter and Steve DeMatteo will join UBS’ San Diego office.

Acquisition of Talon Asset Management gives BNY Mellon Wealth Management access to third largest U.S. wealth market.

“Clearly, a lot of the same fundamental, structural changes to the industry continue to drive M&A,” says David DeVoe, managing director of strategic business development for Schwab Advisor Services.