The deal with Altas Partners is expected to raise over $1 billion in common equity and bring Mercer’s valuation north of $3 billion.

The partnership between the alternative investment platform and the asset management firm aims to give advisors access to structure note strategies via SMAs.

Engine Capital says despite the company’s efforts, its stock price continues to trade at a discount, having lost nearly 13% of its value year to date.

Even as OpenAI’s GPT-4 integrates into existing applications, many advisors are heading straight to the source, buying subscriptions of the open platforms to enhance their business. Others see more profound disruptions.

What the deal means for advisors and the DC industry.

Dynasty’s former COO will join as president of Advisor Group RIA Solutions after leaving the firm he co-founded in 2010.

This piece was generated by entering that exact question into Google’s Bard and is presented with no editing.

SIFA was built specifically to automate ongoing communications between advisors and their clients.