A FINRA-suspended broker known as “K Money” was arrested and faces charges of defrauding social media followers of more than $800,000. According to the Justice Department, Kenneth Thom was charged ...

Concurrent Investment Advisors, a hybrid registered investment advisor with a 1099 affiliation model, has made a minority investment in a Longboat Key, Fla.-based asset manager. Concurrent, which is ...

&Partners, a St. Louis-based hybrid broker/dealer launched by David Kowach, the former president and CEO of Wells Fargo Advisors, continues its recruiting streak. This week, the firm added a Torrance, ...

The founder of an advisory firm who claimed that artificial intelligence powered his hedge fund will spend 30 months in prison for defrauding investors of over $5.7 million. Tampa, Fla.-based Mina ...

Cresset, a $72 billion registered investment advisor based in Chicago, announced plans to merge with Monticello Associates, an employee-owned institutional consulting firm with $124 billion in assets ...

Kestra Financial and Raymond James have won several of what recruiters are characterizing as relatively early battles in the recruiting drive for Commonwealth advisors. Kestra, a subsidiary of Kestra ...

(Bloomberg) -- Vanguard Group has filed plans with the Securities and Exchange Commission for its priciest exchange-traded funds yet as the asset management giant seeks to beef up its actively managed ...

The top SMA managers of the the decade, per Informa Investment Solutions’ PSN Top Gun awards.

Fiduciary Network exits its investment in Pathstone, as the private equity firm takes a significant stake in the RIA.

Wealth Enhancement, an acquisitive Minneapolis-based RIA with $107 billion in client assets, has acquired XO Wealth Management, a Dallas-based independent RIA. XO Wealth was founded in 2016 and ...

Brian Spinelli, co-CIO, talks about why the firm prefers passive strategies for U.S. large caps, where it sees opportunities in private markets and how it approaches tax considerations.

Russ Norwood, chief executive officer at Venturi Wealth Management, as he discusses how they focus on serving high-net-worth individuals, particularly executives and founders of private companies ...