Two of the advisers came from VCB Financial Group and one joined from Merrill Lynch.
The $3 billion Baltimore-area firm says it will use the funds to invest in its platform, expand its team and develop a national footprint through M&A.
Dollar giving was up 13% in fiscal 2021, while the number of grants rose 24%.
Four reps from Merrill Lynch join Janney, along with six advisers in two groups from Wells Fargo.
The capital to purchase the $4.4B Los Angeles-based RIA came from private equity firm Leonard Green & Partners.
Los Angeles-based PBC Private Wealth will use LPL’s strategic wealth services, a unit that supports breakaways.
The acquired business was the pension administration arm of Friedman, a New York-based CPA firm.
Nearly 90% of exchange-traded fund sponsors received the highest score in Sage Advisory's study of ETF stewardship.
Compliance consultant Peggy Chait chats with Bruce and Jeff about Finra's effort to increase the diversity of the financial services industry. Teri Shepard from Carson Group talks about their new research on women in the RIA space.
Aging owners and a lack of succession planning are driving the M&A activity, DeVoe says.
