RIAs

Drew Sievers says the adviser tech firm is ready to cover lost ground in the market and compete.

First Midwest Bank's acquisition of $550M Chicago-based RIA is the latest in a string of deals that banks are cutting with advisory firms to expand their wealth management businesses.

Five new advisers managing $464 million joined the regional firm, which now boasts 61 locations.

The acting head of OCIE says the commission has abandoned "wide, full-scope" scrutiny in favor of more targeted, risk-based reviews.

The 17-year industry veteran says organic growth is the biggest issue facing advisory firms.

Keith Rowling ranked No. 2 on the 2016 list of the industry's top young producers.

The independent firm has recruited a number of wirehouse brokers and grown to $3 billion in client assets, according to the company.

The six-member team serves ultrahigh-net-worth investors and families.

As planners flock to these products, sponsors are differentiating their offerings to better stand out.

The ex-wirehouse advisers are partnering with Stanley Hochhauser, an industry veteran of more than 50 years.