Industry

Account migrations will occur over six months after the deal is finalized.

The company’s first attempt at a hybrid work schedule led to a small worker revolt. The new back-to-office plan comes with flexibility—some of which must be earned.

Fisher Investments’ $12.75 billion valuation does not set a new benchmark for RIAs, but given the size, scope and buyer, it marks an inflection point for the industry overall, observers say.

The Brown-Brinkley Group includes two managing directors with nearly six decades of collective industry experience. They will operate out of RBC’s office in Tysons, Virginia.

Nearly three-quarters of wealthy younger Americans say stocks and bonds alone can’t deliver above-average returns.

The report shows advisor interest in alternative investments even as some struggle with implementation, according to CAIA Managing Director Aaron Filbeck.

Stonebridge Financial Partners, a Michigan-based team of 18, has joined NewEdge from Carson.

The addition of Del Monte Group represents Allworth’s 18th California location, its fifth deal this year and 36th acquisition since 2018.

Schwab is the fifth-largest issuer of exchange-traded funds in the US, with its nearly $350 billion suite having more than doubled since 2019.