To support continued acquisitions, Kestra's M&A arm recruits staff from Goldman, AssetMark and online banking firm Kasasa.
SkyView Partners has launched Advisory Practice Board of Exchange, a subscription-free online platform for buying and selling wealth management practices that features access to bank financing.
The merger brings overall assets under management at the combined firm to $340 billion.
The regulatory agency also announced a conference detailing how brokers, firms, leaders and regulators should prepare for the implementation of the SEC's rule next year.
"Money in Motion" will offer advisors the chance to track inflows and outflows, and set their own designed benchmarks for performance, according to the clearing and custody provider.
Financial advisors will be able to customize client portfolios to address particular values-based concerns, according to the asset manager.