Andrew Welsch

The addition of Covenant gives New York-based Cerity its first foothold in Tennessee.

Savant’s acquisition of Exencial Wealth Advisors will boost Savant’s capabilities and presence in several states, says CEO Brent Brodeski.

MAI has been expanding its reach through acquisitions of other RIAs. It has nearly $73 billion in total assets.

The new addition comes as UBS seeks to recruit experienced advisors after suffering an uptick in advisor attrition.

A newly independent team of advisors say more than 14,000 client accounts have transferred to their new firm from Merrill.

The recently retired chief executive officer explains why doubling the number of CFPs was so important and why the organization decided not to expand the number of professional credentials it offers.

The transaction would create a single entity providing annuities, life insurance, and wealth and asset-management services.

The brokerage giant wants to help teenagers become better investors by giving them an early start and some extra education.

The brokerage firm says it expects to execute the buyback program over the next three years.

The company allocated 30% of client assets in its once-default robo-advisor accounts to cash, according to the SEC.

The company said it gave $175 million worth of equity stakes to all of its roughly 360 financial planners.

The investment builds on a growing relationship between the bank and the technology and asset-management services provider.

JD Power’s annual study of investor satisfaction also found more young investors turning to fintech brands.

Dynasty denies Merrill’s accusation that it reneged on an agreement to arbitrate their dispute; there was no agreement in the first place, Dynasty says.

Thousands of financial advisors at the Future Proof conference in Miami last week got a glimpse of how AI is changing their industry. Here’s what they saw.

The company provided new revenue guidance as part of its monthly activity report, which provides details about the new assets Schwab is bringing in.

Sharon Brovelli is president of workplace investing at Fidelity Investments.

Sharon Hill is head of global and income active equity at Vanguard.

The company’s business is sensitive to the direction of interest rates as Wealthfront relies on its cash management offering for a large portion of its revenue.

The company is forging ahead with plans to allow customers to directly hold Bitcoin and Ethereum even though the “fervor” around digital assets has waned.