Trade groups question a provision in the proposal that would deem advisors with discretionary authority over client accounts to have control of the assets.
Jason Moore and John Coyne have high hopes for their three-pronged business model at Ategenos Capital.
True brings $1.7 billion and a raft of athlete and entertainer clients to the Cresset platform, which is hovering around $33 billion.
Daniel Lee had been affiliated with First Republic since 2013 and was credited with bringing in $7 billion in assets.
The firm, with offices in Spokane and Seattle, Washington, oversees $1 billion in assets.
History is on the side of sitting on the sidelines from May through October, but advisors say investing is not that simple.
AmeriFlex Premier+ will allow advisory firm clients to look at possible future outcomes that could result from their planning decisions.
Thomas Reynolds and Kathleen Gfrorer of Oakbrook-based Landmark Capital are closing their RIA to join LPL’s corporate RIA.
Hedge funds with at least $1.5 billion in assets now have to report significant investment losses and withdrawals to the SEC within 72 hours.
The deal for Dubuque-based Heacock & Jones Financial Services is Wealth Enhancement Group's sixth acquisition this year.
Legislation recently approved by a House committee would deem the clients of investment advisors to be accredited investors.
Meanwhile, over the past decade, the top 25 firms have essentially doubled the amount of revenue they generate.
The welcome news for financial advisors in the report is that valuations for firms aren't necessarily based on how they choose to do business.
Nesvold is exiting Raymond James to take on an expansive new role at Cresset's $30 billion platform.
Sonnen, founder of consulting firm PFI Advisors, will work on improving Coldstream's back-office operations.
The SEC's current definition of small advisors is 'antiquated,' which means the agency's regulations are not properly calibrated for such firms, the Investment Adviser Association said.
The new Dynasty Investment Bank will cater to buyers and seller regardless of whether they're part of the Dynasty partnership network.
Austin, Texas-based Brainard represents a key market for Pathstone's focus on family office services.
CI claims to have tripled its return on its original minority investment in Congress Wealth Management.
Chicago-based Burnham Harbor Private Wealth has four advisors.
