The two Wall Street heavyweights have struck an exclusive partnership to arrange financings for corporate and private equity clients.

Once complete and available, the Intelligent Agent should help relieve the burden of manual communications review on compliance officers.

The deal values the RIA integrator at around $1 billion, according to a Reuters report.  

Financial advisors’ confidence in the current state of the economy sank last month to its lowest point year-to-date, while optimism in the stock market continued to rise.

Diamond will also serve as Chief Growth Officer for Gries’ parent company, The 4100 Group Financial Services.

Carson Wealth establishes its second Billings, Mont. location with the acquisition of True North Financial.

More than 99% of stockholders agreed to the deal, which valued the technology giant to advisors at $4.5 billion.

The impact lower rates are likely to have on private credit funds goes beyond an expected decline in yields.