As its multicustodial strategy bears fruit, Steward Partners has recruited Ensign Wealth Partners from Wells Fargo Advisors Financial Network, bringing the firm's total assets with Pershing to over $1 billion.

No fewer than seven M&A deals were announced this week, while three new RIAs launched on industry platforms and three key hires were made in support of growth.

The London-based asset manager built on a European banking dynasty has opened an office in New York City.

Several law firms are looking into whether Focus’ board members breached their fiduciary duties in agreeing to the sale at $53 per share.

It was a slower week for dealmaking in the RIA space, but Carson made its first full acquisition of the year, and Buckingham Strategic Wealth announced its third.

Digital marketing and home-grown planning software, FP Alpha, has launched RIA Altfest into a new phase of tech-enabled growth as the firm looks to expand into new locations.

University of Miami basketball brought Justin Heller and his partner together at the wirehouse; now they've launched their own firm with an assist from Rapport Financial's Aaron Hattenbach.

Fresh off becoming a full custodian, Altruist will now have close to 10% market share of total RIA firms, SSG’s service organization and a relationship with Pershing.  

Multifamily office Pathstone announced investments from two different backers this week, Allworth Financial made its second and third acquisitions of the year, and Apella bought a California RIA. Meanwhile, NewEdge Wealth has a new principal.