Industry

The advisor moves, mergers and acquisitions you may have missed over the week ending Aug. 6.

Across an industry that was already split on returning to work, policies are diverging more than ever.

LPL has added bookkeeping as well as a social media tool to its menu of subscription-based business outsourcing services.

Serafini Financial Network, an 11-person team with four advisors and $853 million in assets, is WEG's ninth acquisition this year.

Legend Wealth Management added two executives from JPMorgan Chase, with plans to boost staff from 40 to 50 by the end of the year.

Focus CEO Rudy Adolf said the RIA industry overall should be doing 200 to 400 more deals a year.

Wells Fargo, with almost 260,000 employees, will now begin bringing back staffers who had been working remotely starting Oct. 4, while BlackRock also delayed its September deadline.

The additions of advisors Bob Batick and Todd Coates support Securities America’s branch-based growth plan.

CEO Dan Arnold said the company is focused on providing advisors with more personalization and flexibility, so they have more control over how they operate their businesses.

Vanguard is extending the payments to all workers who can prove they’ve gotten a COVID-19 vaccine, even if they were inoculated before the firm extended the offer.