Industry

Edward Jones advisors not only have the option to share offices, but they can now share clients. The firm expects 1,000 advisors to work in teams by year-end.

The founder and president of Summit Place Financial Advisors will take over in 2025, succeeding current Chair-elect Matt Boersen.

One analyst wrote that the investment case for Schwab has been 'significantly de-risked.'

The second quarter earnings report was the first since Lindsay Hans and Eric Schimpf took over as co-presidents of the division. They succeeded Andy Sieg, who departed for Citigroup in May.

LPL is currently searching for a new CMO, with Heather Carter planning to depart after the firm’s annual advisor conference next month.

The state became the latest to finalize regulation or legislation based on the standard set by the National Association of Insurance Commissioners to align annuity rules with Reg BI.

Apollo has assembled a roughly 10-person family office unit over the past year and plans to increase that number in the future.

Veritable has 200 clients with average assets of more than $75 million each.