The Daily Brief

Orion is adding a number of new models to its TAMP and model marketplace, including two focused on inflation and COVID-19.

The firm has appointed Stephanie Link, former head of global equities research at Nuveen, as its new chief investment strategist, a newly created role.

Cary Street will merge with Waypoint Advisors, creating a combined firm with $4 billion in client assets.

As financial advisors adjust to remote working and navigating clients through the tough environment, some have put prospecting on the back burner.

The Ensemble Practice will award two scholarships a year to individuals going into its G2 Leadership Institute, a two-year training program for future leaders of advisory firms.

The regulatory agency for broker/dealers has changed language to make clear that its rule would not apply to recommendations covered by the SEC's rule, which will be implemented on June 30.

The startup saw investments from Northwestern Mutual and the NBA All-Star.

iCapital Network is buying an alts investment fund platform from the bank. Wells Fargo, in turn, is investing in the fintech.

The firm has added Plaza Advisory Group, an advisor team with $1.2 billion in client assets, the first to join its new independent contractor model.

As advisors and firms quickly prepare for Reg BI's compliance date in a couple weeks, the fintech provider makes some compliance-related upgrades to its platform.