Independent broker-dealer aggregator Atria says SCF Securities will add about 150 brokers with $4 billion in assets under administration.
Despite shrinking advisor count, UBS Wealth Americas reported record earnings thanks to a boost in fee-based revenue, positive net new assets and loan growth.
Purchase of a stake in Siller & Cohen Family Wealth Advisors, a Rye Brook, N.Y.-based registered investment advisor, is Hightower’s third transaction in 2021.
The addition of Segall Bryant & Hamill, an RIA and institutional asset manager, brings Canada-based CI’s total U.S. assets to $46.1 billion.
Purchase of Spokane-based Hart Capital Management by Mercer Global Advisors in December was the RIA rollup’s fifth closing that month.