The results deal a blow to RIA and investor Ancora, which launched a proxy battle with Blucora, parent of broker/dealer Avantax, in mid-March, seeking four seats on the company's board.
The bank filed a complaint in federal court alleging that the former employees resigned earlier this month and have attracted 48 clients with about $59 million in assets.
Advisor Services Exchange, the enterprise-level collaboration between Envestnet and Dynasty Financial Partners, is introducing an outsourced CFO capability for all advisors.
The World Health Organization said cases are rising in all regions except Europe, with the largest increase last week seen in Asia as India battles its biggest wave.
The municipal bond market has begun the year with a negative total return—but this could be good news for investors looking for an entry point. Join us on May 12 for a discussion on municipal market update and outlook, solutions for clients frustrated by low yields and concerned about higher rates, the state of municipal credit—uncovering opportunities in a low rate environment.
