RIAs

It’s important for advisers just starting a practice to understand that times may be hard, lonely and often without reward.

If an advisor hasn't adopted new technology, the CEO asks, are they putting their own interests ahead of their clients?

The new recruits joined the wirehouse from Merrill Lynch and UBS.

The deal follows a string of acquisitions by prominent private equity firms.

Yet that wasn't Merrill's only recruiting success, as the wirehouse also picked up a team overseeing more than $500 million in client assets.

Some insiders at big brokerage firms encouraged the DoL to maintain progress. "That kept us going," Assistant Secretary of Labor Phyllis Borzi says.

The recruits moved to the firm from Morgan Stanley, Wells Fargo, Stifel and Voya.

"With so many buyers, it’s a good time to be a seller," according to the Nuveen/DeVoe RIA Deal Book.

Firm relaunches as Aretec – Cetera spelled backward; new owners are undisclosed.

The latest deal with heavyweights including Eaton Vance challenges industry predictions that robos would die off.