The mergers, acquisitions and advisor moves you may have missed the week of May 24, 2021.

Speakers during the closing session of the group's Private Client Virtual Conference this week also detailed the legislative prospects for the PRO Act, which could limit IBDs' contractor status.

Citizens Bank plans to initially hire 30 financial advisors to cover acquired HSBC branches in the New York market.

In the challenge to make offices both COVID-19-safe and attractive places to work, firms have been experimenting with working arrangements and space while employees toiled at home.

As if Zoom weren't enough, the broker/dealer is working on an augmented reality application that will allow advisors and clients to 'meet' in a virtual room.

The London-based bank will retain a network of 20 to 25 locations that will be transformed into international wealth centers.

The firm is also working toward a hybrid work environment for its branch offices, to facilitate both human and mobile interactions, said CEO Paul Reilly.

Merrill Lynch Wealth Management President Andy Sieg shares the reasoning behind his positive outlook.

The alternative-asset manager said it plans to gradually develop new products that individuals can invest in through financial advisers.