Penny Pennington has ambitious growth plans for the nearly 100-year-old brokerage.

Advisors at the Medford, N.Y.-based Suffolk Wealth Management will be joining LPL from CUNA Brokerage Services.

Genstar, which owns a majority stake in the RIA, hired Goldman Sachs to advise on the sale, the same team that advised Kestra on its sale to Warburg Pincus.

The latest iteration of Succession Link will offer compatibility ratings and other features to expedite the M&A process for potential buyers and sellers.

The final plan details the purpose and functions of the OneFPA Advisory Council as well as the key performance indicators for the organization and its chapters.

Dan Timm, one of Edward Jones' most senior and longstanding employees, is retiring from the company after 36 years.

The resolution puts pressure on the SEC to collaborate more with state securities regulators, especially on matters of investor protection.

There were a record 52 mergers or acquisitions involving RIAs in the second quarter, up from a previous high of 49 in the first quarter of the year, according to Echelon Partners.

J.D. Power's 2019 Financial Advisor Satisfaction Survey found Commonwealth Financial was the top-ranked firm for satisfaction among independent advisors, while Edward Jones took the top spot for employee advisors.