WealthManagement Edge

Atlanta-based Gratus Capital is the latest to be rolled up as part of Focus Financial’s hub strategy.

A team led by Kara Boccella has left Certuity to create Serenus Wealth Advisors in Santa Monica, Calif.

CEO Walt Bettinger said asset and revenue attrition levels from the integration of the two firms are below original estimates.

Some 64% of advisory firms have no plans to develop or use client-facing artificial intelligence, yet 46% said it was a chief compliance concern, according to the ACA Group's latest survey.

Sometimes, what seems like the most straightforward task can end up the most difficult and meaningful.

Interval funds continue to raise cash from investors, and new managers are launching products briskly.

Effective immediately, Prime Capital Investment Advisors will become Prime Capital Financial, while Pensionmark rebrands to World Investment Advisors, a nod to its parent company.

Jonathan Connolly, previously a managing director and head of trust at Wealthspire, will serve as president of the new trust company.