After several years of new highs in the number of mergers and acquisitions involving registered investment advisers, Rudy Adolf, founder and CEO of Focus Financial Partners Inc., sees no abatement in deal-making. “The overall pipeline could not be stronger,” Adolf ...

As it proceeds with its overhaul of various business lines involving financial advisers, Wells Fargo Advisors continues to shed advisers. On Thursday, it reported 12,552 financial advisers under its roof. That’s a quarter-over-quarter head count decline of 267, or 2.1%, ...

AssetMark Financial Holdings, Inc. reported a 33.8% increase in assets under management following the platform’s recent pivot to offer products to a wider breadth of registered investment advisers. As part of AssetMark’s second-quarter earnings Wednesday evening, the turnkey asset management ...

At the midway point of 2021, the financial markets are signaling a focus on inflation. Through June, three of the sectors that fared the worst in 2020 are this year’s top performers. The energy sector, which fell by 37.2% last ...