Stay updated with breaking news from Gabriel Hack. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Cash sweeps are lucrative to brokerages and custodians, but not to clients. Here's what financial advisors should know about how they can get greater yield for clients' liquid assets.
The firm also added $15 billion in client assets through recruiting in 2022 just before announcing the largest deal of CEO Adam Antoniades' tenure.
The firm has more than doubled in size since it rebranded to its current name and began building on its current model in 2016.
The private equity-backed firm and other giants of the industry are deploying their capital across new and existing lines of business.