Industry

A federal court found New York-based Adam Belardino guilty of embezzlement and defrauding several investors, as well as employees at his firm in a series of schemes.

Hightower and Wealth Enhancement Group added AUM this week, and new executives were named at Arkadios Capital and Kornitzer Capital Management.

The Mather Group has grown by more than 700% over the past five years, due to an active M&A pipeline, a mysterious lead-generation strategy and a 'truly professional' CEO.

Opto lands partnership with Merchant Investment Management for private markets access, while Pontera and IMTC announce new relationships.

The acquisition of Prosperity Advisors, an OSJ led by Paul Ewing, is the second such minority deal for Cetera and part of the firm's new partner practice program.

The popular financial visualization software company continues to grow its user base, staff and integration partners.

RIAs are more likely to add a new custodial relationship than unwind an existing one, presenting an opportunity for emerging custodians to make inroads, according to a new Cerulli report.

The Examinations Division will continue to focus on ESG and look for firm policies that are 'reasonably designed' to comply with the SEC's marketing rule.

The commission claims Joshua Coleman raised more than $200 million in loans, opening multiple lines of credit and using clients’ funds without permission.

Key highlights for RIAs and their clients.