Cetera-backed Wilde Wealth Management Group has brought on Drew Kliber, who managed $400 million in assets at UBS, as head of its W Family Office division.

The deal with Charles D. Hyman & Company represents Hightower’s second transaction this year.

The portfolio will include private equity, private credit and real assets and will be open to qualified investors.

The IBD has launched a new tech consulting service, as well as other business solutions related to investment management and talent.

The firm, co-founded by serial entrepreneur Jud Mackrill, seeks to fill RIA firms' need for business intelligence, data consolidation and integration.

Morningstar’s latest U.S. Active/Passive Barometer compared active and passive fund performance over the year ending in June.

According to the commission, Donald Anthony Wright made false statements when selling promissory notes to clients to fund the purchase of a Texas-based media marketing company.

Latest lawsuit accuses Johnny’s widow of trademark infringement.

For an upfront purchase price of $50 million, the deal brings $47 billion of assets in the emerging and mid-market retirement plan segments and competitive ESOP administration.