With the rise of remote meetings, social media and online communities, do professionally managed industry associations like FPA and NAPFA have a future? The numbers are mixed.

MAI Capital was one of the most active RIA acquirers in 2020, leading a charge for mid-size firms.

Hightower has already made two acquisitions of firms sitting at independent broker/dealers, and CEO Bob Oros expects it to be an area of growth for the firm going forward.

The scrutiny stems from registered reps who obtained PPP loans through undisclosed outside business activities, but a letter to one such rep is not part of a targeted examination or ‘sweep,’ FINRA says.

UBS finished off the year strongly, with fourth-quarter net income of $1.7 billion that beat analyst estimates.

Hightower's investment in Westchester-based Siller & Cohen Family Wealth Advisors is its third transaction of 2021. Hightower CEO Bob Oros says the pandemic was a wake-up call for many RIA founders, and expects more deals to come.

Fidelity is launching a new ESG-focused custodian-agnostic tool for advisors.

CI's deal to acquire Segall Bryant & Hamill, a Chicago-based investment and wealth manager, would be its largest yet.

Even day traders and people who prefer set-and-forget index fund investments have come to realize that there’s a lot more components involved in building wealth.

Marrs Wealth Management of Ames, Iowa, joined the Mercer platform for its succession planning and back-office support.