Tag: investment advisor
Atria Taps Former LPL Managing Director to Lead Independent Channel
Atria Wealth Solutions Inc., a wealth management solutions holding company, has named former LPL Financial senior executive William P. Morrissey Jr., as head of...
Former LPL Rep Receives Final Judgement for Client Theft
The United States District Court for the District of Connecticut entered a final judgment against Matthew O. Clason on November 8, 2022, in a...
Perigon Merges with PM Wealth Management, Forms Strategic Alliance with Prager...
Perigon Wealth Management, an independent wealth management firm with $3.6 billion in client assets, has merged with PM Wealth Management, a New York-based registered...
Atria’s Cadaret Grant Adds Former UBS Team with $600 Million in...
Cadaret Grant, an independent wealth management firm and subsidiary of Atria Wealth Solutions Inc., has recruited a team of former UBS financial professionals led...
Morgan Stanley to Sell $15 Billion Eaton Vance RIA Business to...
Morgan Stanley has agreed to sell its $15 billion registered investment advisory arm, Eaton Vance WaterOak Advisors, in two parts to CI Financial Corp....
CI Financial to Acquire $5 Billion Wealth Management Firm
CI Financial Corp. (NYSE: CIXX, TSX: CIX), a dual-listed investment and wealth management company, has agreed to purchase Corient Capital Partners LLC, a Newport...
CI Financial Completes Six Acquisitions, Increases U.S. Assets to $115 Billion
CI Financial Corp. (NYSE: CIXX, TSX: CIX), a dual-listed investment and wealth management company, has completed the acquisitions of four registered investment advisor firms,...
CI Financial to Buy $6 Billion RIA
CI Financial Corp. (TSX: CIX; NYSE: CIXX), a dual-listed investment and wealth management company based in Canada, has agreed to purchase RegentAtlantic Capital LLC,...
CI Financial Buys $615 Million Chicago-Based RIA
CI Private Wealth, a division of CI Financial Corp. (TSX: CIX, NYSE: CIXX), has purchased Matrix Capital Advisors, LLC, a Chicago-based registered investment advisor...
Cetera Recruits More Than $2.4 Billion in New Assets In 3Q21
Cetera Financial Group, a network of independent wealth management firms, has reportedly recruited more than $2.4 billion in new assets in the third quarter...
Cetera Adds $100 Million Investment, Tax, Estate and Medicare Practice
Cetera Financial Specialists LLC, an independent broker-dealer within the Cetera network of firms, has added HD Financial Specialists, a full-service wealth management practice based...
SEC Sanctions Eight Broker-Dealers/RIAs for Deficient Cybersecurity Protection
The Securities and Exchange Commission has sanctioned eight firms for having deficient cybersecurity policies and procedures that resulted in email account takeovers that exposed...
Blucora’s Avantax to Buy $1.1 Billion New Jersey-Based RIA
Avantax, a tax-focused financial planning firm, has agreed to acquire Headquarters Advisory Group LLC, a New Jersey-based registered investment advisor with approximately $1.1 billion...
Former Lincoln/LPL Rep Admits to Stealing More Than $600,000 from Elderly...
Mathew Clason, a former investment advisor and registered representative previously affiliated with Lincoln Financial and LPL Financial during his career, pled guilty earlier this...
Cetera Recruits $2.4 Billion Texas-Based Team
Cetera Advisors LLC, a wealth management firm within the Cetera network, has recruited Totus Wealth Management, a Texas-based team with $2.4 billion in client...
Cetera Recruits $340 Million Team from LPL Financial
Cetera Financial Group, a network of independent retail firms, has recruited The Advisors LLC, a full-service wealth management practice based in Pennsylvania with $150...
Atria’s Acquisition of SCF Securities Increases AUA to $95 Billion
Atria Wealth Solutions Inc., a wealth management holding company, has purchased SCF Securities Inc., an independent broker-dealer and registered investment advisor based in Fresno,...
Captrust Names Head of Wealth Management Group, Reports Record Growth for...
Captrust Financial Advisors, an independent registered investment advisor, has promoted Eddie Welch to managing principal for the wealth management group. The firm also reported...
Cetera’s Farpointe Wealth Partners Recruits $190 Million Team
Farpointe Wealth Partners LLC, an independent financial advice firm within the Cetera network, has added Schexnayder Wealth Advisors, a $190 million asset team led...
Atria to Buy Sixth Independent Broker-Dealer
Atria Wealth Solutions Inc., a wealth management holding company, has agreed to purchase SCF Securities Inc., an independent broker-dealer and registered investment advisor based...
