The wealth management deals for the week of February 8, 2021.

Independent advisors are gaining ground on their bank-based peers when it comes to loans and cash management tools, improving the client relationship—and keeping those assets closer to home.

In this week's funds news, PGIM and SEI get into the direct indexing game and "The Convexity Maven" joins Simplify Asset Management.

A succinct roundup of the major M&A announcements for the first week of February.

DeBeer, May, Hanna Wealth Management Group join Stifel’s broker-dealer in Dallas.

Today, roughly 1 in 5 adults aged 65 and older remain on the job, according to the Bureau of Labor Statistics. In the mid 1980s, the ratio was closer to 1 in 10.

Here are the breakaways, mergers and acquisitions announced the week of Jan. 18, 2021.

Merrill advisors made tail winds with deposits, client balances, assets under management and private banking loans.

The former Merrill Lynch team, led by advisor Lars Olson, wanted to stay in Marion, Ohio, to be part of the town’s revitalization, so they decided to go independent with Sanctuary Wealth.

Thrivent Advisor Network is now a member of the protocol, which allows departing advisors to take certain customer information and solicit customers regardless of whether they had agreements that expressly prohibited such conduct.