RIAs

The Seattle-based broker-dealer is winding down. Its legal entity will retain its liability and assets, and D.A. Davidson will not take on its bond inventory.

New York-based RIA firm HS Management Partners has hired Robert Gebhart as its new senior vice president and senior investment officer.

HSBC Global Asset Management has hired Damion J. Hendrickson as a senior vice president and head of RIA sales.

Two large RIA firms have launched their own apps in the Apple and Android store, putting them ahead of the field in the race to maintain contact with clients.

The proceeds will be used in areas that Jefferson National anticipates will translate into growth.

Fidelity Investments is now offering a free version of its WealthCentral customer relationship and portfolio management platform for the iPad.

Zephyr Associates, a financial analytics software provider to financial advisors, is seeing a steady increase in the percentage of RIA firms among its clients.

Among the 27.2% of IMCA members who are independent, 14.2% are RIAs, 7.7% are dually registered and almost 85% of IMCA advisors and consultant provide fee-only or fee-based advice.

2011 may be remembered for its Walls Street thrills and spills, but the merger and acquisition deals made a huge mark on Main Street and the RIA business. Here are 10 unions that reshaped the RIA landscape.

2011 may be remembered for its Walls Street thrills and spills, but the merger and acquisition deals made a huge mark on Main Street and the RIA business. National aggregator and private equity firms accounted for a vast majority of the top deals. Here’s a look at 10 of the most significant deals in the RIA sector in the past year.