Also, PureFacts acquires Xtiva Financial Systems, Elements offers a money-back guarantee, Lion Street partners with Pontera and Luminant announces a $3.5M seed funding round.
The OCIO for financial advisors, which launched in November 2022, built the new feature to source investment options.
The longtime executive will lead Citigroup's wealth management unit; Lindsay Hans and Eric Schimpf will co-lead Merrill Lynch Wealth Management, reporting to Bank of America's CEO.
The SEC chair testified before a House Appropriations subcommittee on the commission’s FY24 budget request.
The SEC has been ramping up enforcement against larger participants in the crypto industry.
The advisors have a shared history at KLS Professional Advisors Group in New York, a family office-focused RIA acquired by Boston Private in 2004.
Client money is moving from so-called sweep accounts into money market funds at a rate of $20 billion a month, according to analysts.
Only 28% of advisors are female.
In its fourth deal of the year, Wealth Enhancement Group has added more than $1 billion in assets in Northern California.
