Industry

While some firms slowed growth during the pandemic, RBC's head of recruitment, Kristen Kimmell, landed billions in assets with a net gain in advisors this year that topped rivals.

About 400 new young hires joined BlackRock in July and have never been to the office.

The future advisor gives up geography for market niches and focuses less on investment strategies in favor of better client outcomes, according to a panel at this year's virtual Morningstar Investment Conference.

At Morningstar's annual conference, Michael Jantzi detailed increasing interest about sustainable investing, as well as how COVID-19 inspired more interest rather than reducing it.

After an 18-month search, SGC Financial and Insurance Services will join LPL from Securian Financial.

Bank of America CEO Brian Moynihan told investors at the Barclays Global Financial Services Conference Tuesday that third quarter revenues at Merrill Lynch and Bank of America Private Bank will be 'strong' due to increased client assets.

PAG is rebranding itself amid an upcoming product launch that will be available to all advisors.

Some suggested that mistakes, rather than intentional duplicity, were the reason behind firms failing to disclosure past legal and disciplinary incidents in their Form CRS.

But a possible combination in 2021 would likely not affect UBS's North American advisors, industry analysts said.

Pathstone's acquisition of Price Wealth gives the multigenerational family office $22 billion in total assets.