Wells Fargo's advisor head count was down 6% year over year, while average advisor productivity crossed $1 million.

Here are the breakaways, mergers and acquisitions announced the week of Jan. 11, 2021.

Women and people of color are still grossly underrepresented in the advisory industry compared with the broader population, according to new Cerulli Associates data.

Remaining funds from the PAC will be donated to the Boys & Girls Club of America and historically Black colleges and universities.

Citi services for the ultra-high-net-worth and the high-net-worth are merging under one roof.

Wealth Enhancement Group's first deal of the year—to acquire Danbury, Conn.–based Reby Advisors—is a continuation of its strategy to build local scale in major metro areas.

Rowland Carmichael Advisors' appeal is a retirement plan business that Mercer will add to its $2 billion ERISA services.

The investment in David Lau's firm demonstrates confidence in the market for commission-free annuities in the RIA channel.

The acquisition provides a succession plan for the founding partners of BAR, which has 300 advisors and $4 billion in assets under management.