Industry

Citi services for the ultra-high-net-worth and the high-net-worth are merging under one roof.

Wealth Enhancement Group's first deal of the year—to acquire Danbury, Conn.–based Reby Advisors—is a continuation of its strategy to build local scale in major metro areas.

Rowland Carmichael Advisors' appeal is a retirement plan business that Mercer will add to its $2 billion ERISA services.

The investment in David Lau's firm demonstrates confidence in the market for commission-free annuities in the RIA channel.

Signature Bank, the New York lender that’s long catered to the Trump family, also is closing two personal accounts in which the president held about $5.3 million.

Here are the breakaways, mergers and acquisitions announced the week of January 4, 2021.

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.