The survey from Herbers & Company found that individuals with assets exceeding $1.2 million and benefiting from the services of an advisor displayed far more satisfaction than those that did not.

Arete Wealth will also distribute Masterworks’ new Diversified Art Portfolio, a Regulation D private placement, which the firm expects to make available to other RIAs and broker/dealers eventually.

Raymond James President John Carson and Raymond James Ltd. Chairman and CEO Paul Allison are both stepping down come Dec. 31.

The Mills clan is selling a 79% stake in Medline in what is possibly the largest liquidity event ever for one family.

The deal for the New York City and Morristown, N.J.–based firm pushes CI Financial above $100 billion in U.S. wealth management assets and is its 28th U.S. deal since entering the market two years ago.

The bronze image of a girl standing defiantly with her hands on her hips has come to the end of its three-year permit for the space across from the New York Stock Exchange.

Technology can make clients feel like they’re getting a customized portfolio experience, even though it’s standardized behind the scenes.