The independent financial advice channel has grown considerably over the past decade and "if you believe that is a trend, and not a fad, why would we not be doing this?" an executive said.

Former U.S. Trust advisor Dileep Surapaneni will focus on multijurisdiction individuals and founders in Silicon Valley.

With the death of the DOL’s fiduciary rule, the firm will go back to allowing brokers to collect commissions for clients’ retirement accounts.

Leadership said that they expected a successful IPO would spur interest from would-be sellers of advisory firms, though they declined to offer specifics.

The private equity-backed RIA is adding team members to support dozens of deals in the works.

The three advisors at Patton Wealth Management have more than 65 years of industry experience.

Financial advisors use options in 21 percent of client accounts and they expect to increase that to 30 percent by 2020.

FactSet, the new primary market data provider for Merrill Lynch’s 15,000 wealth management brokers and employees, replacing Thomson Reuters.

Landsberg Bennett Private Wealth Management’s partners cited the technology and tools available to independent RIAs as a reason to leave FiNet.