The custodian and clearing firm is quietly building an offering of digital advice integrations it offers its clients.
Acquisition is fourth in RIA channel since last year and eighth overall in 2016.
The Thrush Group will be the 10th transition to HighTower this year.
Open to Fidelity's custody clients, advisers will have access to an online portal, one-on-one coaching and peer learning opportunities.
Investment from Long Ridge Equity Partners will help Carson Group make acquisitions.
The Portland-based breakaways are setting up a new firm called Allium Financial Advisors.
Ironmark, which has $340 million of assets, sought scale and resources to compete for clients.
Peter Kohli, the CEO of DMS Advisors, allegedly stole money from investors as the funds neared collapse.
Mr. Greenspan, who was chairman of the Federal Reserve for five terms, will provide economic and market-valuation analysis.
The 13-person team felt they would have more flexibility outside the Morgan framework.
The deal in Westport, Conn., builds on the RIA's presence in New England.
The Invest in Others Charitable Foundation and <i>InvestmentNews</i> have recognized the philanthropic efforts of 15 advisers and 10 financial firms.
The DOL fiduciary rule and competition from robo-advisers will continue to result in pricing pressure.
Yet another slowdown in growth comes as the industry faces increasing regulatory costs related to the <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">DOL fiduciary rule,</a> according to an annual benchmarking study by <i>InvestmentNews</i>.
The fintech start-up is creating an investment platform that uses a proprietary algorithm that considers women's earlier salary peaks and longer life spans.
They made up 26% of buyers in first half of 2016, up from 11% in the first half of 2015
MAXIMAI will focus on ultra-high-net-worth clients internationally.
Agency says it will pay particular attention to firms that employ advisers with rogue histories at broker-dealers to ensure the hires are properly supervised. <b><i>(More: <a href="http://www.investmentnews.com/article/20160612/FREE/160619986/firms-on-the-hook-for-hiring-bad-brokers"_blank">Editorial: Firms on the hook for hiring bad brokers</a>)</i></b>
Private equity had the biggest rise in asset class allocation in family office portfolios.
