Industry

The GameStop-Robinhood saga is a distraction from what’s really wrong with mainstream investing in America.

Here are the breakaways, mergers and acquisitions, and appointments announced the week of Jan. 25, 2021.

Hamilton Lane is acquiring Denver-based long-short equity fund manager 361 Capital, with more than $600 million of assets. It's the third acquisition in Hamilton Lane's 30-year history.

A new report from the Institute for the Fiduciary Standard urges the SEC to “rebrand Reg BI as a ‘New Suitability’ standard for broker/dealers” to clarify that brokers’ product recommendations are different from best interest fiduciary advice.

Raymond James Chairman and CEO Paul Reilly says the pace reflects higher competition for talent, especially in the employee channel.

The SEC announced it is monitoring the volatility in the options and equities markets.

Associated Financial Consultants & Investor Services has recruited former Investacorp CEO and CCO Patrick Farrell and Marcus Arneaud, respectively, as financial advisors, after their b/d was folded into Securities America.

In the midst of its integration with TD Ameritrade, Schwab is facing angry advisors fed up with poor service.

SCF Securities would add $4 billion in assets under administration and about 150 advisors to Atria Wealth Solutions’ platform.

With the rise of remote meetings, social media and online communities, do professionally managed industry associations like FPA and NAPFA have a future? The numbers are mixed.