News

The bank could consider appointing a global wealth management head to oversee the unified business.

More than 220 firms and organizations were selected as finalists in one or more of the 93 categories for the 2021 WealthManagement.com Industry Awards.

Phillip W. Conley could face up to 20 years in prison for portraying himself as an investment advisor to raise funds from about 18 victims, according to the Justice Department.

SEC Chair Gary Gensler’s first pick, Alex Oh, resigned within days of taking the job after a federal judge questioned her conduct in a case she was working on in private practice.

Envestnet plans an emphasis on financial planning in the coming year, including insurance, estate planning and lending services connected through MoneyGuide.

Focus’ new partner RIA is legacy firm Badgley Phelps Wealth Managers.

The acquisition follows JPMorgan’s recent takeover of 55ip, a fintech that focuses on helping investors cut their tax liabilities.

Despite the impacts of the pandemic, the RIA channel reported a record number of advisory firms and assets under management per advisor, according to an Investment Adviser Association report.