The deal is Perigon’s first acquisition after selling a minority stake to Karl Heckenberg’s RIA-focused investment venture.

The Investment Adviser Association is worried the potential rules would duplicate protections that already exist, according to the organization’s general counsel.

Mercer hires executives from NewEdge Advisors, LPL Financial, Charles Schwab and others.

An early architect of the wealth management platform at Smith Barney, Christopher Poch has created Promethium Advisors on the tru Independence platform.

Expect to see more deals, Goss said, now that the ‘elite’ advisory network has an integration process to accommodate the volume of interest it is receiving.

Both NewEdge RIAs announced deals this week, as did EP Wealth, Crewe Advisors and Sanctuary. Income Research + Management and Angeles Wealth named new executives.