HighTower to Buy $6.4B RIA Aggregator WealthTrust
The larger advisor rollup firm says it added a $75 million credit facility to fund its largest deal to date.
Merrill Lynch Adds Duo From Wells Fargo Private Bank: Recruiting Roundup
Meanwhile, the $600 million investment arm of Prosperity Bank affiliates with Raymond James Institutions unit.
Trump Nominates Regulatory Chief
Neomi Rao, law professor at George Mason University, has been nominated to head OMB's Office of Information and Regulatory Affairs.
Chief of Staff of Ex-SEC Head White Rejoins Shearman & Sterling
Nallengara joins firm’s capital markets and corporate governance practices in New York.
Focus Financial Nabs $2.7B RIA; Raymond James Adds Wirehouse Rep: Recruiting Roundup
Meanwhile, U.S. Trust hires a philanthropic sales director and S2K brings on a due diligence executive.
CFP Board Launches Campaign to Attract Younger, More Diverse Advisors
The "I am a CFP Pro" campaign is intended to expand the advisor workforce to better reflect the population it serves.
eMoney to Set Up Shop in Rhode Island
EMoney Advisor is expected to bring 100 new jobs to the state by 2020.
Senate Banking Votes to Advance Clayton to SEC Chair Post
The committee voted to send Jay Clayton's nomination to the full Senate.
3 Ways to Successfully Leverage Your Young Advisors
Yes, employee development takes time and effort, but consider it an investment in your firm.
Aspire to Be the Employer of Choice
Among the most complicated aspects of an enduring business is people; specifically, recruitment, retention and development of talent.