While the structure is appealing, RIA sellers often focus more on who the partner is going to be and what they bring to the table in terms of peer groups and resources. With a SPAC, a lot of those are unknown.

It was a banner year for mergers in money management as the continuing fee war squeezes margins. Don’t expect it to slow down in 2021.

The new rule allows fiduciaries in retirement plans to be exempt from certain prohibited transactions provided they adhere to a number of 'impartial conduct standards.'

The offers are due later this month.

Previously listed on the IBD's preferred vendor list, RightCapital now joins other planning tools available through the LPL platform.

The partnership with White Oak Investment Management comes several weeks after LPL purchased the broker/dealer business of Waddell & Reed for $300 million.

The change means reps will take a portion of the regulatory agency's continuing education program once a year, as opposed to every three years.

Avantax recently added new CPA referrals for advisors at the IBD as well as those affiliating under a new, full-time employee model.

Speaking at the Consumer Federation of America's Financial Services Conference, the commissioner also said more Reg BI data is needed to gauge its effectiveness, but a strong fiduciary standard was critical.

The acquisition, which comes in the wake of the SECURE Act, will bring more retirement services to Raymond James’ 8,200 advisors.