The deal pushes Millennium up to 5 million individual client accounts and $47 billion of total assets under administration.
Over the first three months of 2022, the RIA aggregator announced six acquisitions of wealth management firms with close to $5.7 billion in AUM.
The Federal Reserve banned the former bank employees for fraudulently obtaining loans designed to provide economic relief to small businesses during the pandemic.
While the financial planning industry clings to the more lucrative asset-based fee model, a steady push toward flat fees is gaining steam.
The settlement, filed in U.S. District Court for the District of Minnesota, relates to the 401(k) plan's use of the bank's own offerings.
Tedstrom Wealth and I.M. Wealth Care are both in the Denver Area and add $381 million in assets to Merit.
Amid the current market volatility, advisers should recognize that using value-at-risk models to assess portfolio risk is not a foolproof approach.
As chief strategy officer, LPL's former chief investment officer will join the executive board and report directly to Ron Carson.
The exchange-traded fund is sub-advised by Nuveen Asset Management, a unit of TIAA.
Financial adviser Lisa Tesar joins LPL’s employee unit in Cedar Rapids, Iowa.
See the IBDs where advisers took home the highest payouts in 2021, and how the numbers compare with the data from 2020.
Petitions to confirm or vacate awards are now more likely to be heard in state courts, where judges tend to be more skeptical of arbitration than their federal counterparts.
Both WA Asset Management and the firm it acquired, Clark Financial Advisors, are based in Birmingham, Alabama.
Investors in the $1.6 billion of bonds issued by GWG face dire consequence if the alternative asset manager files for bankruptcy.
The advisers at Terrell, Texas-based American National Bank of Texas had previously been affiliated with LPL Financial.
As Brown Capital Management has grown, founder Eddie Brown has also seen his appreciation for being able to 'pay it forward' grow as well.
The acquisition of Oakbridge Partners will push Homrich's assets to nearly $13 billion. The deal is expected to close next month.
Here are 5 steps financial advisers can take to promote diversity, inclusion and belonging.
Which elements of a firm’s culture and principles that drove growth and which its visionary leader stood for and encouraged should be retained?
Survivor benefits can continue for those who wait until they're 60 to wed.
