Merrill Corp. of St. Paul, Minn. has acquired Daniels Printing of Boston. The deal makes Daniels, an 118-year-old company which had been family-owned, part of a public company. The new company will be called Merrill/Daniels. Merrill hopes that the acquisition will shore up its New England operations. Daniels, with over $68 million in revenue in 1998, is the fourth largest financial printer in the U.S. and has 375 employees. Terms of the deal were not disclosed.
For our Know Your Niche series, Steve Mason, with Bank of America's Private Bank, has developed a client base out of horse lovers like himself.
After experiencing $14 billion in assets outflows in the last quarter of 2025, UBS brought in more than $5 billion in the first quarter of this year.
The newly formed Cetera Planning Partners is part of the firm's plan to broaden its channel for advisors working as direct employees.
A federal judge finds that the embattled brokerage Alpine Securities' argument that FINRA should answer to the federal executive branch amounts to " wishful thinking" that "collapses under the weight of spiraling aspiration."
The firms' collaboration shines a light on how the wealth management business works today and how it is evolving, as advisors weigh independence against the risks of "poking the bear" when they leave.
Matthew Pallai said he has no doubt wealth managers explained the risks of private credit when recommending it to clients, but the recent rush to withdraw money from credit funds suggests "they probably should have said it more often and said it louder."
