Shah, formerly CEO of Personal Capital, will replace Larry Raffone, who will transition to become chairman of the board.
The trio will affiliate with Jericho, New York-based American Investment Planners, Cadaret Grant's largest branch.
With its deal for Spring, which provides businesses with financial wellness benefits for employees, Mariner is launching a Financial Wellness division.
The $1.4 trillion fund company continues to grow through acquisitions in a shrinking category.
Wexford-based Individual Financial Services, which oversees $400 million in assets, had left LPL for Cambridge in 2015.
The acquisition is the latest in a string of deals for UK-based Smart, including its purchase last year of Stadion Money Management.
The settlement with the SEC follows Carrie Tolstedt's agreement in March to plead guilty to obstructing a problem of the bank's practice of opening accounts for customers without their authorization.
Advisory firms are adopting virtual or hybrid programs, or changing the structure of internships to pull in more diverse students and illustrate a wider array of career opportunities.
Warren Anderson, who’s based in Littleton, Colorado, had been affiliated with Schwab since 1999.
The unit, called 23 Wall, is led by JPMorgan veteran Andy Cohen and focuses on about 700 families worth more than $4.5 trillion.
The retirement plan for federal government workers also includes numerous Christian and 'pro-life' funds that would seemingly be affected by the legislation.
Fidelity's alts platform, which launched in 2013, has seen assets grow by 70% since 2020.
Mike Fanning is retiring after 17 years as the insurer's US head, a period in which MassMutual grew into one of the top annuity providers in the US.
The measure seeks divestment of an estimated $15 billion from oil and gas companies by CalPERS, CalSTRS.
New clients are essential to the growth of advisory firms. Here are the independent broker-dealers that added the most clients last year.
Given the many lawsuits filed against retirement plan sponsors in recent years for breaching their fiduciary duties, here are the steps plan committees should be taking to mitigate risk.
Meaghan Muldoon, who had been global head of ESG integration at BlackRock, started in her new position at BNY Mellon this month.
The firm miscalculated annual yield and income for nine funds on approximately 8.5 million statements. It also failed to act promptly when customers noticed something was wrong.
The upgrade reflects Advisor Group's declining leverage levels and higher net yields on cash sweep deposits, according to the rating agency.
Total fixed annuity sales surged 101% to $70.9 billion in the first three months of 2023, compared with last year’s results.
