Industry

Sanctuary facilitated the tuck-in of The Alteri Group, a six-person Texas team fresh out of the wirehouse.

Scott Kohn worked with a network of hundreds of financial advisors and insurance agents, several now barred by FINRA, as part of a scheme targeting seniors and veterans, the DOJ says.

The $600 million acquisition advances Equitable’s wealth management growth strategy.

Merchant Investment Management's stake will fund Mulholland Growth's acquisition plans of smaller RIAs, and help educate advisors on Redwood's "disruptive" asset management strategies.

The investment will allow Signature Estate & Investment Advisors to move into the M&A space for the first time and expand distribution for its TAMP.  

While most advisor advocacy organizations support the intention of the rule, some want to see a "materiality" standard incorporated into the requirements.

The expansion will be focused in Charlotte, N.C.; Austin, Texas; and Nashville, Tenn., which CEO Greg Fleming called "clear growth centers."

NAPFA Board begins search for CEO to replace Geoffrey Brown, who will step down Nov. 15.

The Wipfli Financial Advisors acquisition comes with a retirement practice and a mass-affluent focused tech platform.