For Aequitas Capital, Small Firms Are the Sweet Spot
For firms too large for an SBA loan and too small to attract private equity, Brian Rice says Aequitas Capital has a solution.
Raymond James Nabs $2.6M Ex-RBC Team
In addition, a former Merrill Lynch rep affiliates with LPL Financial, and Baird adds an ex-UBS team.
SS&C Buys Advent Software for $2.7 Billion
Growth in the RIA space is a key motivator of the deal, says Advent CEO Pete Hess.
DIY Investing on a Growth Tear
Self-directed investment is growing much faster than the rest of the market, and online platforms' user bases are getting more diverse, a Scivantage study found.
RBC to Buy City National, Boost U.S. Wealth Operations
The U.S. operations of the Canadian bank currently include about 2,000 reps and $280 billion in assets.
Saving for Retirement ‘Not Main Priority’ for Working Americans: HSBC
Debt repayments are preventing working-age people from adequately preparing for a comfortable retirement, the bank says.
Huge Wealth Transfer of $16 Trillion Estimated in Next 30 Years
Plan early to avoid a big estate tax hit, Wealth-X and National Financial Partners warn.
10 Ways Wealth Management Firms Can Beat Rivals: Mercer
Mercer identifies the strategies advisors need to improve investment results in a low-return environment, reduce risk and contain costs.
Morgan Stanley Picks Up Ex-Merrill Institutional Team in Chicago
Raymond James adds independent RIA group, while HighTower brings on a former UBS group.
Schwab’s Advisor, Retail Chiefs Talk Wealth Management
Bernie Clark of Schwab Advisor Services and Terry Kallsen of Schwab retail speak of Generation Now, robos and referrals.