The Wealth Consulting Group made its first acquisition since the deal that launched its hybrid RIA seven years ago.

After substantial expansion under two earlier outside investors, the hybrid RIA is targeting double-digit gains with a new strategic partner.

Earnings are under scrutiny as the financial industry thins out its ranks to cope with a slowdown in deals and pays more on deposits.

The Minneapolis-based firm didn't immediately name a replacement, but pledged to maintain operations at its hybrid RIA.

Engine Capital, an activist hedge fund in the stock, called on Avantax to explore a sale last month, saying it could fetch as much as $32 per share amid rapid consolidation in asset management.

To avoid a third straight quarter of disappointing investors on earnings day, Goldman executives have been actively downplaying expectations for results that will be disclosed next week.

All customers with more than $1 million in assets have been automatically enrolled into a pair of new service plans.

Amid a low tide of deals, the giants continue to identify RIAs and other firms giving them more scale and new capabilities.

Jeff Jones sees allowing donations to 501(c)3 groups as a way to accommodate advisors coming into the industry from the insurance world.

The deal, a mix of cash and equity, will expand the RIA consolidator's growing service offerings to clients.

Advisors seeking to sell their firms will find buyers that are increasingly focused on larger practices.

The firm's employee brokerage is bringing Alex. Brown, which it acquired in 2016, more firmly into its fold.

As Twitter continues to undergo unexpected and at times unpopular changes, a new challenger from a social media OG is gunning for the bird app's throne.

As deal volumes pick back up from the lower numbers late last year, a lawyer advising sellers says that negotiations are getting longer and more complex.

Analysts cited a slowdown in private equity firms being able to exit their investments, and said it's unlikely that transaction activity will recover in the second half.

Fiduciary responsibility, pay discrimination and FINRA remote work rules for broker-dealers are just some of the issues facing the wealth management industry.

Deals are bigger, quicker and more common. But buyers say valuation expectations often cause them to leave the table.

The automated investment service is the latest offering from the U.K. challenger bank as it works to break into non-European markets.

Fidelity is the latest high-profile traditional-finance firm to join the race after BlackRock Inc. made a splash with its June 15 application for a spot ETF, which opened the floodgates for others to try their hand at it, as well.

Six southern states — Florida, Texas, Georgia, the Carolinas and Tennessee — are contributing more to the national GDP than the Northeast.