Industry

The staffers, all in the firm’s wealth- and investment-management unit, were “discharged after review of allegations involving simulation of keyboard activity creating impression of active work.”

Improvements and integrations to the custodian's FMAX platform and Envestnet's Insurance Exchange are among the updates to rollout.

The former Key Client Group has 10 financial professionals across the country and establishes footholds for Summit Trail in Portland, Ore. and Denver.

The chief investment officers for T. Rowe Price and Schwab Asset Management discussed disconnects between how RIAs and retail investors view current opportunities.

The funding will be put toward research and development, hiring and enhancements to data quality.

The online presence and listings manager could pay up to $220 million for the client engagement and compliance platform.

Denver-based SRS Capital Advisors is the latest RIA to join under Arax’s multi-boutique strategy.

California-based duo Tim Woodall and Dustin Raring are the latest team from the collapsed bank to leave its acquirer. They are joining LPL through its affiliation model for employee advisors.

SRM Private Wealth represents the 11th team to join Summit this year. It will use Goldman Sachs for custody.