In its second quarter M&A report, Fidelity recorded just three RIA deals in April, yet activity spiked in June, with 14 deals across $20.6 billion in assets.
Originally from New Zealand, wealth management platform provider FNZ is taking a stake in State Street's wealth management business.
There has been significant interest among smaller and mid-size plans in reducing or suspending matching contributions due to the coronavirus pandemic's economic impacts.
Thrivent Advisor Network’s first outside recruit has big growth plans and an average advisor age of 24.