Top IAA Lobbyist to Retire
By Melanie WaddellNeil Simon will step down at year end, with Gail Bernstein, general counsel, adding public policy direction.
August 20, 2024
CW Advisors Buys $1.2B Fee-Only RIAThis is the firm's largest deal since kicking off its acquisition strategy in 2023 after private equity backing.
August 20, 2024
Duran's Rise Growth Makes First RIA InvestmentIt is acquiring a minority stake in Bleakley Financial, which works with nearly $10 billion in assets and is based in Fairfield, New Jersey.
August 16, 2024
Snappy Kraken Rolls Out New Marketing PlatformThe firm is deepening its commitment to the enterprise segment of the advisor industry, CEO Robert Sofia says.
August 15, 2024
Creative Planning Minority Owner Wants to Pare StakeCEO Peter Mallouk confirmed that General Atlantic is seeking to sell part of its position in the RIA.
August 14, 2024
SEC Slams LPL, Raymond James & 24 Other Firms With $393M in Off-Channel Messaging FinesAmeriprise, Edward Jones and Osaic were also fined for failing to retain messages sent on unauthorized channels, like WhatsApp.
August 14, 2024
Advisor Accused of Stealing Millions From Widowed Aunt, Former ExecScott Mason and his firm may have misappropriated money from several other investors, the widow's lawyer says.
August 13, 2024
Cadaret Grant to Pay $6M Over Mutual Fund Revenue-Sharing ConflictsThe firm must evaluate whether clients should be moved to an available lower-cost share class or fund.