Such a move would also coincide with efforts to cut costs in the bank's wealth management business by $600 million by 2020.

The firm’s principal says his team wanted to join the No. 1 IBD, which is testing larger recruiting offers.

Wealth Enhancement Group has nearly doubled its assets over a two-year period.

A public offering will be a landmark for the advisory business. But the aggregator will face unprecedented scrutiny from investors.

The definition of independence for advisors is changing, according to a new report.

As firms position their advisors to compete for future clients, diverging strategies have developed.

The advisory firm left Securities America to make the move.

The acquisition will expand the Milwaukee-based firm's presence in the Northeast.

EP Wealth Advisors' acquisition of Donnelly Wealth Advisors will boost its AUM by more than $400 million.

Shifts in the annual ranking of the nation's independent broker-dealers show how pressure on IBDs is intensifying.

The asset manager is expected to make the payout after it finalizes the sale of its insurance unit to Phoenix Group.

The aggregator has filed with the SEC, and the aftermath of an offering will be closely watched.

If Cetera ties itself to a culturally unmatched firm, the roadblocks it creates for itself may be too much to overcome, an industry recruiter says.

The firm left Kestra for PKS as part of the move as increasingly large breakaways fuel the independent movement.

After his big score with Banyan Partners four years ago, the dealmaker faces a much more competitive market.

The firm’s investment in Beacon Platform will be used to deliver quantitative research tools to its 240 portfolio managers globally.

The investment bank agreed to buy Business Bancshares in St. Louis.

The move by Alexa von Tobel’s startup to drop planning services reveals a deal marked by challenges from the very beginning, experts say.

The largest insurance company-owned IBD and Alexa von Tobel's startup announced a new setup for the firms roughly three years after the acquisition.

The No. 1 IBD has completed the NPH acquisition, but CEO Dan Arnold unveiled further growth initiatives amid challenges to its dominance.