The privately owned independent broker/dealer sold a 'meaningful amount' of equity in the firm to affiliated advisors at the end of January.

Economic concerns or not, holistic financial planning isn’t possible without having a full picture of the members of your client base and the presence of diverse advisors who reflect them.

Everest Consolidator Acquisition Corp., a SPAC focused on the wealth management industry, has another three months to get a deal done.

Wealth Management Magazine Digital Edition - First Quarter 2023

Baseline recruitment deals were up last year, even among the independents, and many firms are getting more creative with their deal structures to incentivize movement, according to a recent Diamond Consultants report.

The SEC said BKCoin and its co-founder, Min Woo "Kevin" Kang, which had allegedly raised nearly $100 million from investors, violated securities laws by making “Ponzi-like” payments.

Recruited away from Wells Fargo, Carnegie Private Wealth is the largest team yet to join LPL’s SWS division, the IBD’s premium affiliation model that went live in April 2020.

The wealthtech company announced Story Paths at its Ascent conference in Orlando.