The Daily Brief

The acquisition of Rodman Capital Management is the latest in a number of recent acquisitions MAI has made since accepting a minority investment from Wealth Partners Capital Group in 2017.

Kenneth Eshleman and Steve Maher, the owners of EHD, are now senior wealth advisors and owners at Domani Wealth, working in the Lancaster office. 

Bank of America has made unlimited commission-free stock, ETF and options trading available to all Merrill Edge Self-Directed investors.

Lester W. Burroughs was running a Ponzi-like scheme, and could face up to 20 years in prison.

Fiserv will receive about $510 million for a 60% stake in its Investment Services business.

Waddell & Reed lost two York, Pa., advisors to Conte Wealth Advisors

The deal gives Chase customers access to Yodlee’s financial applications, with the goal of improving their spending, budgeting, savings and investments.

Advisor Group loses another independent RIA to LPL.

Junxure takes advantage of Schwab Advisor Services' new digital account open workflow; LifeYield announces single sign-on to Schwab Advisor Center.

RBC Wealth Management has expanded in the California market by adding a $7.5 billion UBS team in Los Angeles.