Invesco will use its own proprietary nontransparent active model as well as Fidelity’s active equity model.

Charles Schwab's U.K. business received a fine for not adequately protecting client assets for nearly two years, according to a U.K. regulator.

Flaharty Asset Management has merged with AWA Investment Advisors on its way to becoming a $1 billion firm.

RBC Wealth Management is rolling out customized alternative asset tech starting in Asia, with U.S. clients expected to see enhancements by mid-2021.

The new firm Homestead Wealth Management will be based out of Glendale, Ariz. The two advisors have about $150 million in advisory and brokerage assets under management.

The regulatory agency is looking to see if it should change its rules and operations to better address challenges faced during the pandemic.

Merchant has made another minority investment—this time in Miracle Mile, a Los Angeles–based RIA firm with $2 billion in assets.