RIAs

The investment plays on a trend, “which is the blurring of the distinction between traditional insurance products and wealth management products.”

Whitnell & Co. changed hands in a deal with a regional bank that also struck a strategic partnership with the wealth manager.

Firms will up their tech investments and continue rewards and punishments designed to shape advisor behavior, says recruiter Mark Elzweig.

The combination of wealth management with supporting sectors attracted investors to two major deals.

The future of referrals won’t be driverless but it will be largely remote and fueled by pre-COVID fundamentals.

The IBD completed a stellar recruiting year by adding a team led by a 30-year veteran advisor.

The private equity-backed RIA agreed to purchase its first firm of the year after being one of the most active acquirers in 2020.

Long-awaited advertising regulations allow for online testimonials but also increased risk of audits, observers and commissioners say.

SEC cases that go beyond faulting firms for their failure to disclose conflicts of interest have drawn pushback from the industry.

The bank allegedly made “hundreds of millions of dollars” by investing client assets in underperforming proprietary and affiliated funds without disclosing conflicts to clients.