Patrick Donachie

A new report from Forbes Insights and Temenos also found a majority of wealth managers saw attracting mass affluent clients as "highly important" for their practice.

The fifth-annual Advisor Authority survey showed that more than half of advisors and investors were concerned about market volatility and a U.S. economic recession within the next 12 months.

Pivotal Planning Group serves high-net-worth families and employer retirement plans for small businesses.

Seelaus, managers of portfolios of mortgage-backed securities, expands with acquisition of RIA Sterling Wealth Advisors.

While investors believe they will need an average of $1.7 million for retirement, a new survey from Schwab Retirement Plan Services suggests employee investments may not be addressing that need.

HSA assets continue to grow, with Denevir estimating they will top $75 billion by 2020.

The two new initiatives were premiered for Ladenburg's five IAB subsidiaries at the firm's inaugural national conference.