Focus Financial Partners has landed one of its biggest RIA firms yet with the addition of LVW Advisors, a move that also signals the wind-down of the institutional investment management consulting unit at Convergent Wealth Advisors LLC
M&A activity in the investment advice business is most definitely hotting up. In the lastest example, large RIA firm Colony Group has been acquired by Focus Financial. In case you're counting, that's the fourth deal this year for Focus.
A same-sex marriage law that took effect July 24 in New York doesn't mean those couples can count on the same tax treatment that heterosexual unions receive, a discrepancy that some lawmakers and companies are seeking to mitigate.
Moving from Wells Fargo's Financial Services Group to indie B-D
At regulator's conference, Herstein criticizes move to take oversight away from states; 'sovereign obligation'
Wells Fargo B-D aims to reward reps who bring in new business; no longer 'recruit or die'
