Federated Investors announced Monday that it has reached an agreement to acquire the $321 million Rochdale Atlas Portfolio, an international mutual fund, from
Federated anticipates that it will fold assets of the Rochdale fund into the new Federated InterContinental Fund.
The sale is expected to close in the third quarter. Terms of the agreement were not disclosed.
Three advisory teams managing $10 billion in the San Francisco area are among an ongoing wave of departures from the biggest U.S. bank.
Experts say that busy entrepreneurs often miss incentives and advantages available to them. Financial advisors and tax professionals can give them a nudge.
The CEO of the RIA "roll-up" outfit thinks that ongoing industry consolidation doesn't necessarily mean all firms will start to look the same.
As ESG investments face political backlash, here's how financial advisors are talking to clients about impact investing.
An industry recruiter said the Bank of America subsidiary has become almost "unhinged" with the amount of money it's willing to offer advisors it's recruiting.
After a decade-long effort by holders of the personal financial specialist credential, aspiring candidates can be tested on investments, retirement plans and other areas.
