Mercer Adds $1.2B RIA Serving Entertainment Industry
By Melanie WaddellTwo entities, collectively known as Singer Burke, are part of the transaction.
October 01, 2025
Judge Denies Merrill's Request to Restrain OpenArc Breakaway TeamMerrill sought to bar 12 advisors from soliciting its clients and from encouraging its employees to leave.
September 30, 2025
EP Wealth Sells Minority Stake to PE Firm Ares ManagementThe employee-owned RIA had assets under management of nearly $40 billion as of Aug. 31.
September 30, 2025
RIAs Strive for Efficiency With AI: StudyEighty-five percent of advisors polled reported that technology has increased their businesses’ efficiency, Federated Hermes finds.
September 30, 2025
Schwab: Merrill's 'Corporate Raid' Suit Lacks EvidenceSchwab accuses Merrill of "rank speculation" in the case against the breakaway team that formed OpenArc.
September 29, 2025
U.S. Sues Investment Advisor Over $350M Fraud, Hedge Fund CollapseThe case is tied to separate charges that sparked a scandal and engulfed B. Riley Financial and its chairman Bryant Riley.
September 26, 2025
OpenArc Mega-Team Fires Back at Merrill's Charge of Corporate RaidingA dozen advisors who left the $129 billion Merrill unit suggest the wirehouse had let their division slide.
September 26, 2025
FINRA to Send Revised Outside Business Activity Plan to SECIndustry officials are bracing to see if the proposal includes changes to supervisory requirements for outside RIA activity.