Pravar AI, which emerged from stealth mode last month, has raised $1.1m thus far, including an angel round led by Hans-Paul Bürkner.

Edelman Financial Engines (EFE) has lost its top marketing official. Greg Corso left the mega-RIA earlier in October. The company took Corso off its Form ADV control persons table and removed him from ...

Atlanta-based Full Scope Wealth Group added Mark Lerner and Ryan Rouille as managing partners last week, Securities and Exchange Commission filings show. The two were affiliated with MassMutual’s ...

Veteran AlTi Global cross-border advisor Ricardo Rodrigues has left the $96bn wealth manager, according to a LinkedIn post he made earlier this week.

Allspring Global Investments and GMO Asset Management have launched ETF share classes for existing mutual funds, adding to a list of asset managers offering both ETF and mutual fund share classes of ...

Anne Boden sold her remaining stake in Chrysalis' largest holding at a cut price that values it at just £1.7bn − less than half the £4bn it was targeting last year.

A new data analysis from advisory research firm Advicer.bio broke down custodial platform usage trends over the last several years.

Tracker funds are reaping the rewards of active managers’ investment calls, leading many to treat companies as ‘ticker symbols trading on a screen’ rather than real organisations driving the economy.

The $57bn hybrid RIA has gone to court in an effort to confirm an arbitration award against Andrew Egber, who was sentenced in March to 18 months in jail for theft.

Ted Lauzen is running a Democrat against Mike Ramone in the contest for Delaware treasurer. A Delaware RIA executive and co-founder is in the home stretch of his campaign for state treasurer with ...

Driven by a fiercely independent tech boom, Bristol is creating its own wealth. Here is how the region's wealth managers are fighting to capture it.

Three months after taking the top gatekeeper job, Mesirow's Paul Arnold has a plan in place to expand the team's proposition.