Women and people of color are still grossly underrepresented in the advisory industry compared with the broader population, according to new Cerulli Associates data.

Remaining funds from the PAC will be donated to the Boys & Girls Club of America and historically Black colleges and universities.

Holly Framsted, who previously served as head of U.S. product segments in BlackRock’s ETF and index investments group, will join Capital Group in March.

Citi services for the ultra-high-net-worth and the high-net-worth are merging under one roof.

Wealth Enhancement Group's first deal of the year—to acquire Danbury, Conn.–based Reby Advisors—is a continuation of its strategy to build local scale in major metro areas.

Rowland Carmichael Advisors' appeal is a retirement plan business that Mercer will add to its $2 billion ERISA services.