Unlike other roles in financial services focused on diversity and employee wellbeing, Shareen Luze’s new position at RBC Wealth Management sits within the business.

The advisor moves, mergers and acquisitions you may have missed over the week ending Aug. 6.

Byron Trott, the 62-year-old founder of BDT Capital Partners, has quietly amassed a $3.6 billion fortune, making him as wealthy as some of his better-known clients.

Across an industry that was already split on returning to work, policies are diverging more than ever.

In this week’s fund news, Alerian buys ETF Trends and ETF Database; fund companies are giving VC firms a run for their money; and crypto asset manager Grayscale hires a new head of ETFs.

With a $50 million Series B in the rearview mirror, Altruist hired Grace Mellis as its first chief financial officer and Adam Grealish as its first head of investments.

LPL has added bookkeeping as well as a social media tool to its menu of subscription-based business outsourcing services.