The insurer pays $4.7 billion, aiming to cut costs, improve earnings and attract new clients.

The two advisers went indie with Focus Financial, one of the country's biggest RIA aggregators.

The bank plans to acquire a Cincinnati insurance agency as part of an initiative to increase fee income and boost insurance services.

The layoffs are part of a shift of personnel to LPL Financial's South Carolina campus to cut costs and position the independent broker-dealer for future growth.

Over $1.7 billion per transaction changed hands in the fourth quarter, according to Charles Schwab.

Carolyn Armitage joined the RIA M&A consultant after LPL eliminated the enterprise consulting division.

A surge in M&A is expected as a result of President Trump’s plan to cut taxes on companies’ offshore earnings from the current 35% to 10%, experts say.

AdvisorEngine's purchase of software firm Wealthminder is the first of what's expected to be another year of deals and investments into the wealth management fintech space.

The private equity-backed buyer hopes to double its offices around the country in three years.

Intense competition and the advent of the fiduciary rule are prompting financial institutions to consider making select purchases.