Focus Financial, the poster child for M&A as a growth driver, becomes first acquirer to admit that RIA M&A has slowed—significantly.

Advisors Brian Wall and Joe Nastasi are making the move to carry out their business continuity plans.

March and April was the slowest two-month period for RIA deal assets since 2016, Fidelity says.

The first five months of Adam Antoniades’ reign as CEO have been rough, but he believes the pandemic underscores the need for financial advice, and Cetera is doubling down on understanding individual advisor needs.

Investacorp, Securities Service Network and KMS Financial Services will be absorbed into Securities America before the end of the year, according to CEO Jamie Price.