Kamila McDonnough, the president of an RIA firm and a member of the CFP Board, will take over the role of board chair in 2022, becoming the first Black woman to do so.

The deal with Thun Financial Advisors, an RIA with $600 million in assets, expands Creative Planning’s cross-border advising services.

Andy Swan, co-founder of LikeFolio, and Ryan Shanks, co-founder and CEO of FA Match, will no longer serve on the board.

Cash might be king but accepting cash-heavy deals now may come at the opportunity cost of more options in the future.

Our profession is overwhelmingly white and male both by design and practice, which means that it needs to change.

In its second quarter M&A report, Fidelity recorded just three RIA deals in April, yet activity spiked in June, with 14 deals across $20.6 billion in assets.

Fresh blood with big enterprise experience—from outside the broker/dealer and RIA space—points to a big growth push.

David Geibel is the new president of Girard, replacing Kevin Norris, who recently retired.

The PPP was designed to keep employees of small businesses on payroll during the pandemic. Out of almost 4.9 million loans, the number of “jobs retained” is zero for 554,146 and blank for 324,122. Seven loans list negative job numbers.