Industry

A succinct summary of the mergers, acquisitions and movements in the wealth management industry over the first week of March.

Commonwealth's new SVP is charged with remodeling platform access to products and services for advisors around advanced planning, annuities, investments and retirement planning.

After some doubt, the SEC's final rule allowing client testimonials will go into effect May 4. "I’m sure there’ll be people who want to press it and hit the gas pedal."

The new head of marketing has taken over the responsibilities of former boss Abby Salameh, with plans to bring the growing marketing and advisor engagement teams closer together.   

The turnkey asset management platform is looking more like a diversified wealthtech provider, having added services for planners and RIAs.

It is the latest in a string of initiatives from the commission focused on climate risk, and some commissioners argued it would be 'prudent' to wait for the results of other ESG-related reviews.

Inside ETFs and Inside WealthStack will take place together from Sept. 27 to 29 in Hollywood, Fla.

For firm owners, transitioning out of the business can be difficult. Kestra subsidiary Bluespring has launched a program to help RIA principals through the post-acquisition phase.

The SEC's Division of Examinations will also be looking to see how firms are meeting the compliance demands for Regulation Best Interest.