RIAs

Ameriprise, Raymond James, Edelman Financial Engines, Dynasty Financial Partners, Advisor Group, LPL, and other news, deals and career moves this week in financial advice.

After Brooklynn Chandler Willy recommended that the clients invest $100,000 into an LLC, its principals were arrested on federal fraud charges, the filing says.

The investment manager is part of a $50 million fundraising round in the wealthtech startup

Two advisors left their prior firm of 10 years after the bank’s wealth and asset management unit generated record net income in the first quarter.

Pulling the costs directly out of clients’ IRAs can blunt the sting, but it shrinks the pot of tax-deferred retirement assets.

The quartet of financial advisors leaving UBS after a decade also has an advisor with an equestrian specialty.

As more wealth management companies roll out cryptocurrency resources for advisors, here’s what’s still holding some planners back.

The bank and asset manager has filed for four exchange traded funds in recent weeks, and its strategy for distribution starts with RIAs.

It’s the 14th RIA acquisition for the Canadian asset manager since it entered the U.S. market last year.

The Foundation for Financial Planning has been rallying financial planners and corporate executives for more than 26 years to help the people advisors typically don’t reach.