Jeffrey Blaze News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The industry isn’t easing into 2021. After a record year of mergers and acquisitions—an estimated 181 in 2020, according to Echelon Partners—along with continuing trends of breakaways to the independent space, it seems 2021 is simply picking up where last year left off. During the first full week of the new year, firms announced major deals. On Monday, SVB Financial Group revealed the same day that it planned to absorb Boston Private and it’s $16.3 billion in assets under management into its private banking and wealth management businesses. Despite receiving praises from many in the...

LPL Financial Welcomes FDR Financial Group LPL Financial Welcomes FDR Financial Group CHARLOTTE, N.C., Jan. 05, 2021 — LPL Financial LLC, (Nasdaq:LPLA) a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that FDR Financial Group, Inc. has joined LPL Financial’s broker-dealer and corporate RIA platforms, leveraging LPL as custodian. The team reported having served approximately $400 million in advisory and brokerage assets*. The advisors join LPL from Kestra. With registered offices in Boca Raton and Holly...