Open, honest and candid discussion about the DOL fiduciary rule, RIA M&A, the Callan study, 401GO funding and more.
Tru will operate as a separate entity from Sanctuary, maintaining its brand and leadership team.
The Atlanta-based RIA will acquire the $300 million AUM Money Advisor Group.
The program builds on the expertise of Caliber Wealth Management, which merged with Diversify earlier this year.
The California RIA will acquire Cedar Brook Group, a Cleveland firm with $2 billion in assets.
Dusty Sternadel pleaded guilty to wire fraud in January in connection with a scheme that stole from at least 10 clients, most of whom were elderly, according to the DOJ.
Non-transparent, actively managed ETFs have garnered some inflows since their inception, but they trail far behind transparent vehicles.
Advisor Ryan Rayburn decided to look for a new broker/dealer when Osaic announced its acquisition of Lincoln.
The brokerage regulator argued the firm’s automated process for approving options traders on its self-directed platform missed instances where clients submitted applications with conflicting information.
And accelerating record keeper and advisor consolidation.
