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Massachusetts Commonwealth Secretary William Galvin fined the company $750,000 for the alleged lapses.

All thanks to AI.

The trio of advisors is joining the IBD via its employee advisor channel to launch PB FAM Private Wealth.

Two affiliated wealth management firms are merging with Coldstream Wealth Management to expand its client services.

Jobs will be eliminated across the company's divisions, Envestnet confirmed. Orion has also announced layoffs.

The firms, ranging from broker/dealers and dual registrants to affiliated investment advisors, include Interactive Brokers, Nuveen Securities and Baird, among others, and are similar to 2022 charges against Wall Street firms resulting in $1.1...

Congress completes first acquisition since CI Financial sold its stake to Audax, two Indiana firms merge to create $750 million AUM Wellington Wealth, a 10-person team leaves Ameriprise for OneSeven and NewEdge Wealth adds to Bay Area office.

As the RIA space has become more professionalized, so has the organizational design of top firms.

Bruno, the managing director of Informa Connect Global Finance, Wealth Management, is moving on to a new role with Emigrant Partners.