Wealth Enhancement Group is the second large OSJ to go separate ways from LPL, following Merit Financial Advisors

Even though Citizens lost its bid to acquire First Republic in 2023, it has recruited frequently from the now-defunct regional bank.

The recruits, formerly managing $885 million at their previous firms, are expected to push Concurrent's asset total to $9.7 billion.

The founders of HPS will lead a new private financing business unit in BlackRock.

Experts say this acquisition will have far-reaching effects on the entire wealth management industry as a generational shift is underway.

Business goals cannot always put clients' best interests first. Here's why even the executives leading fast-expanding advisory firms say the critics have a point.

Robinhood Markets agreed to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, as the online brokerage seeks to target a wider swath of wealthier investors.

Consolidation may be a prevailing industry trend. But the founders of a Chicago-based RIA see no reason to join a large aggregator.

The sale could see up to 50 advisors move to Stifel but doesn't involve B. Riley's 190 independent wealth managers.

Dimple Shah, Osaic head of corporate strategy, said she and other executives expected some advisors to leave during the firm's "Journey to One" and that attrition has been mostly in line with expectations.