The custodial firm announced today it too would eliminate the $4.95 commission on trades, including for RIAs, and reiterated that, unlike rivals, it does not sell trade order flow.

To support continued acquisitions, Kestra's M&A arm recruits staff from Goldman, AssetMark and online banking firm Kasasa.

SkyView Partners has launched Advisory Practice Board of Exchange, a subscription-free online platform for buying and selling wealth management practices that features access to bank financing.

Advisor Alex Chalekian says he was 'disgusted' by comments made by the billionaire investor and advisor during a fireside chat at the Tiburon CEO Summit this week.

The merger brings overall assets under management at the combined firm to $340 billion.

The regulatory agency also announced a conference detailing how brokers, firms, leaders and regulators should prepare for the implementation of the SEC's rule next year.

The fee-based world is looking a lot like the old brokerage world in some disturbing ways.