Transamerica is launching a new initiative to help small-business retirement plan participants struggling as a result of the coronavirus pandemic's economic impacts.
As RIA M&A activity returned to normal over the past few months, small firms are seeing higher valuations while sellers are pushing for deals to get signed before a possible Biden presidency
The Securities and Exchange Commission said the changes would modernize the rules and balance concerns of shareholder proponents and other shareholders, while critics claimed the rule would help CEOs skirt corporate accountability.
First Affirmative Financial Network, the $1 billion AUM Colorado RIA that Goldman Sachs picked up in its deal for Folio Financial, was spun off this week.
Merchant Investment Management said it has taken a minority stake in Newport Beach, Calif.-based RIA Corient Capital Partners, which boasts $3.1 billion in AUM.
The SEC settled charges against Milton Dosal Jr., arguing that he raised nearly $100,000 from about 41 investors claiming he could trade stocks on their behalf despite not being a registered broker.