Eric Rasmussen

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Record Advisor M&A Activity Seen Despite Decline In 2Q

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Echelon Partners says deal activity remains above historical levels.

Edelman Financial Engines Sues LPL Over Alleged Client Theft

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Edelman says it is trying to stop ex-advisor Scott Butera from moving clients to LPL.

How A SPAC Deal Turned Into A Tax Quandary For Employees

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Brooklyn Fi says it saved hundreds of thousands for employees at a company that went public through a SPAC.

Savant Bulks Up Virginia Presence With Alliant And Its $262M AUM

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Savant has been able to buy at higher multiples with a new PE stake.

Veteran Advisor Stephen Straus Among Those Killed In July 4 Attack

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Straus was an 88-year-old veteran advisor who still worked at Stifel Nicolaus.

Ex-UBS Advisor Gets More Than 6 Years for Stealing $6M From Family

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German Nino spent some of the money on women with whom he was having extramarital affairs, prosecutors said.

Mariner Wealth Advisors Acquires $1B Corbenic Partners

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Corbenic is a Pennsylvania firm with a three-decade history founded by Brad Griswold.

Wealth Is Moving. Get The Families Involved Early, Cerulli Says

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Cerulli says 70% of children end up firing their advisor after their household's primary wealth holder passes away.

Prospecting Advisors Told To Get Them When They're 50

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Clients in their 50s are at a crossroads when they could either seek financial advice or go it alone, a Cerulli report says.

UBS Fined $3.9M Over Risky Managed Account Strategy

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The managed accounts product had too much exposure to sharp market drops, clients alleged.

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