It was a remarkable week in the already indefatigable RIA market, with at least 14 deals announced, two new launches and more than $22 billion in transacted assets.

Lars Knudsen called his former employer “bullies, plain and simple,” claiming the RIA made false allegations about him, including accusing him of brandishing a gun in the office.

Monthly subscription fees for financial planning were up 6% from 2022, according to a new AdvicePay study.

Investors have a strong preference for advisors at large national banks and broker/dealers, especially the high-net-worth.  

According to J.D. Power’s annual survey on self-directed investors, Fidelity took the top marks for DIY investors seeking guidance, with Charles Schwab following closely behind.

Michelle McIntyre will step in to oversee national business development, and Michael Goldfader will manage the West Coast.

A judge recommended throwing out the case of elderly couple who sued JPMorgan over investments they allege never should have been allowed and ended up wiping out much of their savings.