Industry News
Industry News
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It's unknown how many of Scottrade's 1,000 brokers and 800 RIAs will ultimately be part of the new firm
October 24 -
The online platform deal is the Canadian bank's latest move to strengthen its wealth management business and grab more wealthy American clients away from traditional brokerages.
October 24 -
Tibergien: RIA valuations will sink. Seivert: Financing for deals will be just fine.
October 20 -
Massachusetts Mutual Life Insurance, Pacific Life Insurance and TIAA are among companies that have been pursuing deals to diversify operations and gain market share from publicly traded rivals.
October 18 -
News that LPL may be looking for suitors comes at a time of financial pressure for the country's largest independent broker-dealer.
October 14 -
Shareholders shouldn't hold out too much hope for a takeover and here is why.
October 12 -
Industry experts survey the field of potential suitors.
October 12 -
With LPL Financial potentially exploring a sale of itself, we look back at some of the biggest deals over the last few years.
October 11 -
The country's largest IBD is said to be exploring strategic alternatives, which may include shopping itself around for buyers.
October 11 -
Founded by former wirehouse advisers, XML Financial is the seventh firm to join the IPO-bound RIA aggregator this year.
October 5 -
New capital from outsiders is adding $50 million to the RIA's war chest.
October 3 -
Beacon Pointe’s latest deal puts the wealth manager over the $2B AUM milestone, and it’s eyeing new markets.
September 30 -
Insurance industry giant targets RIA market via fee-based annuities.
September 28 -
Bats handles about a quarter of ETF trading volume in the U.S., giving CBOE a significant beachhead.
September 27 -
For many firms, it’s the single most important financial transaction they’ll ever encounter. Here’s how to get a big-picture view and also stay in control during the entire process.
September 26 -
Echelon’s recent launch of a platform helps firms support firms’ ‘wealthtech’ strategies.
September 23 -
The bank and the RIA are feuding over alleged violations of a non-compete agreement and accusations of unfair competition.
September 23 -
Lincoln Investment will gain 350 advisers in its acquisition, which CEO Ed Forst foresaw 20 years ago.
September 15 -
The firm is buying City Financial, where brokers oversaw approximately $4 billion, according to the company.
September 14 -
BlackRock is joining firms including Paulson, Manikay Partners and Arrowgrass Capital Partners that have recently raised dedicated merger funds.
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