Insigneo Financial Group, an independent broker/dealer and registered investment advisor, has signed an agreement to acquire the accounts of VectorGlobal Wealth Management Group and its RIA. The deal ...

Wells Fargo Advisors has poached a $1 billion advisor team from Bank of America’s Merrill. Hyeon Kang, managing director and private wealth advisor, and a team of three advisors and one support staff ...

Last month, Seattle-based Washington Federal Bank launched its own registered investment advisor, WaFd Wealth, and recruited John Chavez, a 30-year Merrill Lynch veteran, to run the new wealth unit.

Betterment, the robo advisor, RIA custodian and 401(k) plan provider, is continuing to bolster its ecosystem for mostly small, registered investment advisors with plans to launch direct indexing and a ...

Asset managers and advisors converged in Los Angeles this week for the fourth annual CAIS Summit—a conference that brings together many of the alternative investment platform’s users. It also serves ...

ESL Federal Credit Union, a Rochester, N.Y.-based financial institution, has acquired Alesco Advisors, a local wealth manager and investment outsourcing business. The deal, expected to close in ...

Cetera continued to bulk up the independent broker/dealer space this week by adding a 34-person team overseeing $1.8 billion in client assets that had been with insurer Northwestern Mutual’s ...

The relative underperformance of IJH is explained by its tilt toward relatively smaller-cap names rather than by differences in sector exposure. IJH, VO, and IWR all have similar sector exposures.

Creative Planning, the mega-registered investment advisor based in Overland Park, Kan., has acquired a team in Hawaii overseeing $430 million in client assets. Mosaic Pacific, founded in 2014, will ...

The Mather Group, a Chicago-based registered investment advisor with $14 billion under management and advisement, has acquired a $200 million AUM RIA in Walnut Creek, Calif.—Mather’s fourth in the San ...

LPL and Ameriprise announced advisor shifts alongside one of several lawsuits being filed alleging misconduct by departing advisors. On Wednesday, LPL Financial announced that two former Ameriprise ...

Lido Advisors, a Los Angeles-based RIA with $29 billion in client assets, has acquired BluePointe Capital Management, a Menlo Park, Calif.-based firm with $870 million in AUM. BluePointe, a fee-only ...