Mercer Buys $910M RIA
By Ginger SzalaThe deal means Mercer is now working with about $2 billion of assets in Colorado, where it is based.
July 09, 2020
Waddell & Reed Adds Advisors With $701MThree of the nine new advisors come from Edward Jones, while the rest join from Cetera and other firms.
July 09, 2020
Pandemic a Mere 'Hiccup' for RIA Dealmakers: TD AmeritradeM&A activity set a record in the first half of 2020 despite COVID-19, TD Ameritrade Institutional reported.
July 09, 2020
Next Wealth/Stack Event for RIAs to Be VirtualThe inaugural event, led by Josh Brown and Barry Ritholtz, drew more than 700 advisors and others to Scottsdale, Arizona, last fall.
July 09, 2020
Advisor Group Rolls Out Updated UMA PlatformThe news comes about five months after the group wrapped up its purchase of Ladenburg Thalmann's broker-dealers.
July 08, 2020
Short DOL Fiduciary Rule Comment Period Faces CriticismThe 30-day comment period is half the typical length.
July 08, 2020
Brookstone, FormulaFolios Merge to Form $6.5B RIAThe news comes a year after TAMP Brookstone sold a major stake to AmeriLife, which is now backed by Thomas H. Lee Partners.
July 08, 2020
How Creative Planning's Rothove Helps Ultra-Wealthy ClientsYounger staff at the firm see women in leadership and realize, "Hey, I can do this, too," said the RIA's vice president.