PEAK6 is funding a fintech program at the University of Michigan Ross School of Business.

Mercer Global Advisors said it has acquired Sage Future Financial, a $100 million RIA based in Albuquerque that serves approximately 45 households.

The 414-foot vessel was the fourth-largest in the world when it was built in 2003. It has gone through an eight-month refit and features 13 cabins two elevators, an eight-person submarine, two helipads and garage space for helicopters and an SUV.

These firms are leading the way on gender diversity.

Royal Harbor Partners, which is using Purshe Kaplan Sterling Investments as its broker/dealer, is led by partners Glenn Royal, Michele Jones and Natalie Picha.

Elias Herbert Hafen told clients to liquidate stocks and retirement accounts to invest in a fake investment fund, according to allegations; instead, the money went toward his expensive art collection.

LPL's branch recruiting is up 45% over a year ago, as the broker/dealer increases recruiting support and opens up the lines of communication to hybrid firms.

Despite a red-hot M&A environment in RIA land, the cost to buy a firm is not yet excessive, argued participants at Echelon Partners' recent Deals & Dealmakers Summit. Still, a market downturn could slash valuations dramatically.

The wealth-management firm’s new Zurich-based venture, with Switzerland’s Constantia Partners AG, will be called Tiedemann Constantia.