Some advisors report that few clients have asked any questions resulting from the new disclosure document, leading them to wonder if they are reading it at all. 'I think people might just be a little bit numb to the amount of disclosures.'

Bank of America executives Aron Levine and Cory Triolo announced that Merrill Edge added 300,000 new accounts in 2020 and has introduced a new interface called Idea Builder.

LPL Financial's head of national sales and consulting, Andy Kalbaugh, will retire at the end of the first quarter 2021.

The RIA space will likely see a resurgence in M&A activity in the second half of this year, while 2021 could be the biggest year yet, said M&A players, speaking at Riskalyze's Fearless Week virtual conference.

The SEC release asked firms to keep an eye on business continuity, employee supervision and the protection of sensitive investor information during the pandemic.

Brea, Calif.-based PSM Private Wealth Management and San Diego-based California Wealth Transitions have joined forces.

The advisors at Equitrust Financial Group felt it would be in clients’ best interest to affiliate with a publicly traded b/d with self-clearing capabilities.