CI Financial Buying $23B Chicago RIA
By Janet LevauxIt's the largest U.S. deal ever in terms of assets for the Canadian firm and its 14th since last year.
January 22, 2021
SEC Charges Father-Son Team With Defrauding ClientsAdvisors allegedly concealed from clients that the father wasn't associated with an RIA and used clearing services without authorization.
January 21, 2021
Large RIAs Drive M&A Tied to Record $500B in Assets in 2020: ReportDeals are a "bit like Hotel California," Hightower CEO Bob Oros told Devoe & Co., alluding to the lyrics of the popular Eagles' tune: "You can check out any time you like, but you can never leave."
January 21, 2021
5 Ways to Bring DIY Investors Into Your FoldThese are smart, curious prospects who want to be heard and who will listen to you.
January 21, 2021
BlackRock Invests in Clarity AI: Tech RoundupSeparately, fintech platform iCapital Network agrees to buy the assets of AI Insight, an alternative investment education and compliance platform.
January 21, 2021
SEC's New Ad Rule: The Pros and ConsThe SEC's four commissioners applauded aspects of the recently approved rule, but also voiced reservations.
January 21, 2021
Orion Boosts Efforts to Woo Breakaway AdvisorsThe platform provider is offering its marketing campaign tool and Orion Planning for $350 a month, waiving a one-time setup fee.
January 21, 2021
6 Steps for Turning Cold Leads Into Long-Term Clients"Hard sell" tactics will chase away prospective clients. Instead, try these nurturing methods to build relationships that last.