Deals & People

Millennials, surviving spouses and pre-retiree women are set to benefit most from the great wealth transfer.

Allworth acquires $1.1B RIA; Robertson Stephens acquires CAFG Private Wealth; Cetera announces deal with Concourse Financial Group Securities.

Hederick joins Prime Capital Financial; Russell Investments hires Heier and Parra; Gallagher adds Adams to retirement plan consulting practice; and...

Alicia Munnell founded the center 26 years ago and will remain a senior adviser; Andrew Eschtruth, deputy director, will step...

For the fourth time in five years, Cetera makes a deal with an insurance and annuity provider—this time Protective Life—to...

Romi Savova, the company’s founder and CEO, sees a consumer market rife for disruption and has a deal with State...

Hub International acquires Creative Financial Strategies; Mercer Advisors adds two advisory groups; and UBS hires $400 million financial adviser team.

ICI promotes Antoniewicz to chief economist; T. Rowe Price names Thomson head of new investment institute; Nationwide hires East Coast...

Gurbir Grewal’s SEC tenure will be remembered for his aggressive actions that spurred changes in financial advisement, and his successor...

Stock analysts are watching for specific details of Dan Arnold’s dismissal while touting Rich Steinmeier’s business growth credentials.

The acquisition brings Wealth Enhancement Group’s assets under management to more than $94.7 billion. 

The former head of product at T. Rowe Price will lead all major investment initiatives.

Dan Arnold is out effective immediately for statements made to employees that ran afoul of policy; Rich Steinmeier, chief growth...

President Rick Wurster will ascend to the CEO role in 2025 in footsteps of “industry giant,” while Bettinger will continue...

The investment was made through the private equity arm of TPG’s U.S. and European platform.

Commonwealth adds advisers at Aegis Consulting; Cerity Partners welcomes Touchdown Ventures; The Retirement Planning Group acquires Parrott Wealth Management; and...

O’Connor to serve as OneDigital senior benefits consultant in Florida; Northwestern Mutual announces succession plans; Micruity names head of client...

Also, California Corporate Retirement Services announces a PEP to plan sponsor clients.

The new group intends to improve wealth-building opportunities for American workers.

The deal expands Empower’s services into equity compensation administration and management.