The Mather Group’s acquisition of $1 billion Berman Investment Advisors closed on Oct. 1.

The 81-year-old discount-investing pioneer is taking on a new crop of rivals.

Succession Lending positions itself as an alternative to Live Oak Bank, the innovative lender that brought small business loans to collateral-light RIAs.

Avi Shua, the global head of Goldman Sachs' private wealth management business, will fill a similar role at BNY Mellon Wealth Management.

Industry and academic studies show evidence that ESG strategies have better long-term, risk-adjusted returns, lower downside and improved volatility.

The acquisition is part of Stifel’s effort to grow its asset and wealth management business.

Correct Capital Wealth Management will focus on corporate 401(k)s and retirement planning.