Industry

Waddell & Reed lost two York, Pa., advisors to Conte Wealth Advisors

Advisor Group loses another independent RIA to LPL.

Some in the industry suggest that the Schwab-TD deal announced last week will encourage more advisors to jump from the wirehouses.

RBC Wealth Management has expanded in the California market by adding a $7.5 billion UBS team in Los Angeles.

'I’ve gone through several mergers in the financial services industry, and I want to be prepared for what the options could be,' said Sam Dedio, an RIA managing $7 million in client assets.

Mercer Advisors wants to acquire five firms by the end of the year. It's on its way with the acquisition of Adam Financial Associates.

Milwaukee-based Hogan Financial Management is the latest firm to join Creative Planning.

CI Financial, one of Canada's largest investment firms, has acquired a majority stake in Phoenix-based Surevest.

Massachusetts Secretary of the Commonwealth William Galvin originally sought public comments on a proposed fiduciary standard in June as a response to the SEC’s passage of Regulation Best Interest.