Advisor Group surpassed LPL at the top of the list, but consolidation, complexity and change remained the key themes in a highly competitive channel in 2022.

The business being sold to Madison Dearborn Partners provides trustee and administrative services to asset managers and retirement plans.

Under the deal, Dynasty also swapped equity in itself for shares in some of its "network" RIAs.

The bank is moving away from direct wealth management services in order to tap into an unmet need for many independent financial advisors, its CEO said.

The deal follows at least 14 transactions made by the consolidator this year. Other firms are expanding by forgoing M&A in favor of just recruiting financial advisors.

Royal Bank of Canada's planned acquisition of HSBC Holdings' Canadian unit would expand its lead in the country's heavily concentrated financial market, strengthening its dealings with companies and wealthy individuals, while potentially drawing scrutiny from regulators.

Choreo's agreement to buy the wealth management arm of a major accounting firm reflects how CPAs and other tax pros have emerged as a key focus area.

For several years after the breakdown of a deal to sell a practice for $3.6 million, the parties have been accusing each other of violating the terms.

The deal valued at $140 million plus earnout payments will enable the No. 1 IBD to tap into an OSJ's growth while remaining its brokerage, custodian and RIA.

While most midsize firms are folding into the largest players, the company could take an alternate path if it builds on its record recruiting.

The RIA aggregator tacked on an additional $21 million in annual revenue through just two of the transactions.

After its spinoff from giant accounting firm RSM, the newly standalone firm struck an agreement to add on to its existing base of $13.5 billion in client assets.

The announcement, higher wealth profits due to rising interest rates and record recruited client assets ushered the tax-focused firm into its latest phase of change.

The new firm joins a movement that also drew a growth capital investment of $200 million into burgeoning RIA aggregator Sequoia.

What would you do if you were suddenly debt-free? Millions of student borrowers are about to find out.

For some borrowers of FFEL and Perkins loans, the Department of Education has some bad news.

One of the most active dealmakers in the industry attracted a high net worth practice that chose it out of an expanding group of potential suitors.

When President Biden unveiled his plan for student debt relief, borrowers had many questions about what they needed to do. Now, a month later, there are some answers.

The Swiss bank's cancelled $1.4 billion acquisition of the robo-advisor means extra money for shareholders.

Plus, a new Morgan Stanley retirement portal for advisors, and a DEI focused podcast series from the BLX Internship Program.