Industry

Advisors Michael Brown and Brian Flynn have left Magnus and teamed up with practice management coach Penny Phillips to create Journey Strategic Wealth, a new spin on the aggregator model.

Commonwealth’s new Business Consulting Services will provide dedicated transition support for advisors leaving the wirehouses to go independent.

The charges against Michael and David Sztrom were filed late last week and are one of two complaints against advisors related to a California-based RIA.

The Salvino family has launched Performance Wealth, a registered investment advisor with $2.2 billion in client assets.

Wells Fargo's advisor head count was down 6% year over year, while average advisor productivity crossed $1 million.

Here are the breakaways, mergers and acquisitions announced the week of Jan. 11, 2021.

Women and people of color are still grossly underrepresented in the advisory industry compared with the broader population, according to new Cerulli Associates data.