The brokerage has recruited a team from UBS, with $650 million in AUM, and one from Merrill Lynch, with $220 million, this week.
CB Insights says the recent market volatility shows that investors still want a human advisor relationship.
Nearly one-third of advisors plan to increase their use and recommendation of ESG funds over the next 12 months, up from 19% in 2019, according to a new FPA survey.
According to FINRA, Merrill Lynch failed to properly supervise its thundering herd so that clients received sales charge waivers and fee rebates, impacting 13,000 accounts.
Andreessen Horowitz is looking for 'entrepreneurs who did not have access to the fast track in life but who have great potential.' SoftBank launches $100 million fund for 'companies led by founders and entrepreneurs of color.'
Raymond James has launched a network of advisors to support the LGBTQ+ community.
Advisors will be able to manage clients’ HSA assets, via new integrations with Optum Bank and Discovery Benefits.
Nicklas Financial will be joining the independent broker/dealer with about $400 million in brokerage and advisory assets.
New features are meant to improve the efficiency of advertising reviews for compliance and marketing teams at broker/dealers and RIAs.
The four-person team led by father and son Nick and Bryan Garris has left UBS and set up shop in Calabasas, Calif.
