Industry observers said that the delayed launch of the planning tool on BofA's mobile app will likely lead more retail consumers to its investing platform, Merrill Edge.
The increasing flow of advisors to the space makes it clear that something has changed at the regionals—and in a big way.
One of the first decisions a young financial advisor must make is where to set up shop.
EP Wealth CEO Patrick Goshtigian says the acquisition of Salt Lake City-based RIA Insight Group is another step toward his goal of becoming a "top 10" wealth management brand.
The comments came during a webinar co-presented by SIFMA and Bates Compliance on virtual office inspections.