Industry

Within days of taking a minority stake in Verdence Capital Advisors, Emigrant announced its second deal this week, this time with Gerber|Taylor Capital Advisors.

The St. Louis-based three-advisor team is the second practice LPL has added to its roster this week.

Verdence will use the fresh capital to hunt for more talent and further develop its family office and financial planning services.

SIFMA’s Compliance and Legal Forum speakers said there were pathways for professional development that don't occur in the remote restrictions of a Zoom meeting.

Aaron Schumm's Vestwell is growing quickly, fueling Morgan Stanley's workplace ambitions and landing Connecticut's state auto-IRA.

Mariner's Marty Bicknell will swap equity for Lockshin's $5.1 billion firm; AdvicePeriod's principals are slated to continue in their current roles.

The regulator shut down an alleged fraud by Joy and Brent Kovar, who raised more than $12M from at least 277 investors.

The announcement solidifies the firm’s chief of staff role, previously a rotational position, and continues Advisor Group's efforts to build out executive ranks in the wake of the Ladenburg Thalmann merger.

The penalty over advisors' use of the iPath S&P 500 VIX Short-Term Futures ETN marks the second settlement to result from the SEC's ETP Initiative.