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In this week’s fund news, Alerian buys ETF Trends and ETF Database; fund companies are giving VC firms a run for their money; and crypto asset manager Grayscale hires a new head of ETFs.

With a $50 million Series B in the rearview mirror, Altruist hired Grace Mellis as its first chief financial officer and Adam Grealish as its first head of investments.

Serafini Financial Network, an 11-person team with four advisors and $853 million in assets, is WEG's ninth acquisition this year.

The additions of advisors Bob Batick and Todd Coates support Securities America’s branch-based growth plan.

Hightower CEO Bob Oros on reaching $100 billion in assets, starting an in-house trust company and creating an enterprise built for growth.

Neither party will receive “spousal support” or change their names.

New Jersey-–based Headquarters Advisory Group, previously affiliated with Avantax's b/d, will join Avantax Planning Partners, the firm's in-house RIA seeded by its acquisition of HK Financial Services.

The advisor moves and acquisitions you may have missed the week of July 26-30, 2021.

LPL's advisory and brokerage assets edged past $1 trillion in the quarter, along with a 17% increase in income and a 13% increase in advisors.