Industry

Ahmad Quqa and his team will create Crescent Private Wealth by aligning with RFG. The move follows several executive hires at RFG earlier this year.

The Series E round values the RIA custodian at $1.5 billion.

Rita Robbins sees an opportunity to bring Affiliated Advisors’ service model to independent RIAs bogged down in “the muddy middle.”

The Federal Trade Commission's move to outlaw these clauses in contracts could affect millions of Americans. But litigation against the ban is already in motion.

While corporate pension plans have adopted alternative investment options, such as private equity and credit, 401(k) plan managers face big obstacles to accessing the space, Cerulli survey shows.

If the SEC approves mutual fund/ETF dual shares, it might bring a big pivot for the RIA industry.

The IBD has deployed about $400 million in capital across 27 deals since launching the liquidity and succession program.  

Tru will operate as a separate entity from Sanctuary, maintaining its brand and leadership team.