The nation’s largest independent broker-dealer aims to boost expansion even more, and it’s not ruling out launching its own bank.

The deal formally unites Marty Bicknell and Steve Lockshin, two of the biggest names in wealthtech investing.

Firms automating a once little-known investment strategy have become one of the hottest areas for wealthtech acquisitions.

Private equity firms are jostling to invest in financial advice firms that they think may become cash cows.

The startup, Just Invest, uses direct indexing to manage $1 billion in assets.

Strategic buyers and consolidators like Captrust are driving a record pace in overall transactions and those involving sellers with at least $1 billion in AUM.

The Colony Group and XML Financial Group are set to bring on an RIA and a wealth management practice, respectively, in the third quarter of 2021. Focus also announced that Sonora Investment Management will join as a partner firm.

The recent change in presidency is set to bring about substantial changes in the way high-net worth individuals are taxed in relation to capital gains.

The two announcements hours apart came after at least 33 firms with $1 billion or more in client assets changed hands in the first quarter.

The wealth management firm has about $240 million assets under management and 220 clients.