Tag: registered investment adviser
Mercer Acquires $5 Billion RIA
Mercer Advisors Inc., a registered investment adviser with $38 billion in client assets, acquired Regis Management Company LLC, a wealth management firm with $5...
Sageview to Acquire Former LPL Affiliate with $415 Million in Client...
SageView Advisory Group, an independent registered investment advisory firm, announced the acquisition of Deer Park, Illinois-based Lakeview Wealth Management, an advisory firm formerly affiliated...
Mercer Advisors Acquires RIA with AUM of $1 Billion
Mercer Global Advisors Inc., a registered investment adviser with $38 billion in client assets, announced the acquisition of Goldstein Munger + Associates Inc.
Goldstein Munger,...
SEC Charges Advisory Firm and Executives with $75 Million Fraud
The Securities and Exchange Commission has charged two North Carolina-based executives, Gregory E. Lindberg and Christopher Herwig, and their registered investment adviser, Standard Advisory...
Sageview Hires Former Goldman Exec as Chief Operating Officer
SageView Advisory Group, an independent registered investment advisory firm, has hired Jorge Bernal as chief operating officer.
In his new role, Bernal will oversee all...
Coldstream Hires Former Charles Schwab Director as Chief Revenue Officer
Coldstream Wealth Management, an employee-owned registered investment adviser, has hired Natalie Straub as chief revenue officer. In her newly created role, Straub will develop...
Grove Point Hires Former Cetera Exec as Senior Vice President of...
Grove Point Financial LLC, an independent broker-dealer and registered investment adviser platform, has hired 26-year industry veteran, Denise McGee, as senior vice president of...
SEC Obtains Final Judgement Against Former RIA Exec Who Pled Guilty...
The Securities and Exchange Commission has obtained a final judgement against Richard Diver, the former chief operating officer and co-founder of wealth management firm...
SEC Charges Adviser with Defrauding Elderly Client
The Securities and Exchange Commission has charged Michigan-based investment adviser Steven F. Muntin with allegedly defrauding one of his investment advisory clients out of...
Coldstream to Merge with $463 Million Wealth Management Firm
Coldstream Wealth Management, an employee-owned, independently operated wealth management firm, announced plans to merge with Rosenbaum Financial, a Portland, Oregon-based registered investment advisor with...
Protective Life to Combine Insurance and Financial Planning Affiliates into Single...
Protective Life Corporation plans to combine its insurance and financial planning affiliates into a single organization dubbed Concourse Financial Group.
Concourse is expected to launch...
Coldstream and Paracle Advisors to Merge, Creating $5.7 Billion RIA
Coldstream Wealth Management, a registered investment adviser with $4.3 billion in client assets, and Paracle, an RIA with $1.4 billion, plan to merge under...
Private Equity-Backed Mercer Advisors Buys $740 Million Firm
Mercer Global Advisors Inc., a registered investment adviser with $28 billion in client assets, has purchased Epstein & White Financial LLC, a wealth management...
Hilltop Securities Independent Network Changes Name
Hilltop Securities Independent Network Inc., an independent broker-dealer and registered investment adviser, has changed its name to Momentum Independent Network Inc.
The firm serves approximately...
Mercer Buys Two RIAs with a Combined $1.6 Billion AUM
Mercer Global Advisors Inc., a registered investment adviser, has acquired McGee Wealth Management Inc., a firm located in Portland, Oregon with approximately $815 million...
SEC Adopts Modernized Marketing Rule for RIAs
The Securities and Exchange Commission has finalized reforms under the Investment Advisers Act to modernize rules that govern investment adviser advertisements and payments to...
SEC Bars Adviser for Recommending Clients Invest $3 Million in Ponzi...
The Securities and Exchange Commission has barred adviser Craig Rumbaugh for recommending that eight of his clients invest more than $3 million in a...
Private Advisor Group Appoints Robert Moore as Chief Executive Officer
Private Advisor Group, the largest hybrid registered investment adviser on LPL Financial’s platform with $21 billion in asset under management, has appointed industry veteran...
Hilltop Securities Promotes Two Managing Directors in Wealth Management Division
Hilltop Securities, a full-service investment bank and registered investment adviser, has promoted Peter Cappos to managing director and head of the West Coast region...
Creative Planning Buys $1.6 Billion Atlanta-Based RIA in Largest Deal Yet
Creative Planning Inc., one of the nation's largest registered investment advisers, has purchased TrueWealth, an Atlanta-based RIA with approximately $1.6 billion in assets under...
