New York-based Focus Financial Partners is taking an undisclosed equity stake in Hill Investment Group, a registered investment adviser managing $677 million.
Hill, founded in 2005 by Rick Hill and Matt Hall, is headquartered in St. Louis. The transaction is expected to close later in the first quarter.
Former Northwestern Mutual advisors join firm for independence.
Executives from LPL Financial, Cresset Partners hired for key roles.
Geopolitical tension has been managed well by the markets.
December cut is still a possiblity.
Canada, China among nations to react to president-elect's comments.
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