RIAs

In a surprise announcement, Private Advisor Group tapped Moore as CEO nearly two years after he left Cetera for undisclosed medical reasons.

It’s another big get for a bank that has been busily luring away top talent from the wirehouses.

“Platforms like this you would typically see at the larger broker-dealers and maybe the wirehouses,” says Gary Gallagher, the firm’s head of investment and managed solutions.

OCIE's recent exam initiative uncovers widespread supervision shortfalls in large, geographically dispersed firms.

The addition for Venture Visionary Partners grows its staff to 28 and total AUM to $3.7 billion.

But the regulator also ordered record payouts in 2020, including restitution through a self-reporting program that drew industry ire.

The private equity-backed firm’s bottom line has been less affected by coronavirus-related low interest rates than its rivals, Moody’s says.

CEO Dan Arnold cites growth in traditional channels and in recently launched models that could bring even more opportunities.

Wealthy clients are the fastest growing segment of the company’s retail division.

The daughter of a privileged family had everything, until she didn’t. Then the work began.