People

John Pierce, who was placed on garden leave at Stifel earlier this year, takes over as head of business development at Cetera.

Chip Roame was a member of the Envestnet Board for nearly a decade.

In light of the federal appeals court decision to uphold Reg BI, XYPN says it may take its case to the Supreme Court. Fiduciary advocates also expect more states to take action.

Wirehouse advisors are changing their business practice to cater to their professional athlete clients.

John Peluso, head of First Clearing, the Wells-owned custody platform for fully independent RIAs, told WealthManagement.com that the new channel counts 13 ex-Wells teams and has started to look externally.

The Market Street Group, with about $500 million in client assets, moves over from Morgan Stanley.

The president of Wells Fargo’s independent unit, Kent Christian, details the firm's recruiting amid the pandemic.

The Department of Labor has proposed a new rule that would require more analysis and documentation around ESG investments in private retirement plans.