RIAs

A Hilliard Lyons wealth manager goes the route of independence after spending than a decade in the employee channel.

After "deep consideration" and despite legal obstacles, Kimberly and Jeff Camarda say they still want to right "grave wrongs."

Robo fears are based on newer technology where the motivation is to replace people, says the CEO of Addepar. Its portfolio analysis platforms currently serve $300 billion in AUM, the firm says.

A year after they teamed up with the goal of building a $1 billion firm, the two best-selling authors split; "That is how life goes sometimes," Edelman says.

Creating a high-end brand from scratch is a daunting prospect, says Jeff Spears, chief executive of Sanctuary Wealth Services.

"We are reasonably confident that going into 2016 regulatory expenses will be down substantially," says LPL's acting chief financial officer Tom Lux.

Wells Fargo adds three recruits, including one from Morgan Stanley, to grow its independent channel.

Former wirehouse advisor Paul Tanner has struck out on his own with help from TruClarity, a new platform that helps breakaway advisors go independent.

XYPN co-founder Alan Moore moves his RIA to Abacus Wealth Partners as part of the deal.

Commentary: No human, no matter how sophisticated, can operate as consistently, quickly or as efficiently as the technology powering an automated investing service.