Twenty Over Ten launched a refreshed brand and revamped website. Citadel Servicing Corporation is rebranding as Acra Lending. Integrated Advisors Network acquired ReDefine Independent Advisors. Captrust Financial Advisors is acquiring MRA Associates. Hub International Limited acquired CAPAX. SoFi will merge with SPAC. Franklin Templeton Investments partnered with Vestwell. Larry Miles became president and CEO of West Coast-based Freestone Capital Management. Advisor Group recruited James Keller with $102 million in total client assets. InvestSuite finalized its third seed funding worth EUR 3 million. AlphaTrAI published its first white paper, titled “Portfolio Construction Based on the Management of Tail Risk.”
Twenty Over Ten, an FMG Suite company, announced the launch of a refreshed brand and revamped website at www.twentyoverten.com. Home to LeadPilot, Website Engine and Compliance Core, the new website offers a streamlined experience for financial professionals using the Twenty Over Ten product suite.
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Integrated Advisors Network, a Palos Verdes, Calif.-based support platform for registered investment advisors, has acquired ReDefine Independent Advisors, an RIA consulting firm, to build out a dedicated offering for breakaway advisors.
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Captrust Financial Advisors is acquiring MRA Associates, a Phoenix-based investment advisory firm with $3.29 billion in assets under management.
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Hub International Limited , a leading full-service global insurance broker, announced that it has acquired CAPAX Management and Insurance Services, Inc. (CAPAX).
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Larry Miles became president and CEO of West Coast-based Freestone Capital Management. Miles will help Freestone build out services to clients, expand the brand-recognition for the firm nationwide and hopefully lure more advisors to its ranks.
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Fintech start-up SoFi says it will merge with a special purpose acquisition company, or SPAC, backed by venture capital investor Chamath Palihapitiya.
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Advisor Group, the nation’s largest network of independent wealth management firms, announced the successful recruitment of James Keller, a solo financial professional based in Allen, Texas, with $102 million in total client assets.
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Franklin Templeton Investments has partnered with digital recordkeeping platform Vestwell to build an advisor managed account experience that will reset the bar on how advisors engage with clients.
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Belgium-based wealthtech firm InvestSuite has finalised its third seed funding worth EUR 3 million from existing investors PMV, AB Accelerator, 365.fintech, and others.
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Citadel Servicing Corporation (CSC), one of the country’s largest non-QM lenders, is rebranding as Acra Lending (Acra).
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AlphaTrAI, Inc. a venture-backed, technology-driven asset management firm, announced the publication of its first white paper, titled “Portfolio Construction Based on the Management of Tail Risk.” Penned by AlphaTrAI’s experts in data science, quantitative research and machine learning, the paper raises questions about the pitfalls of traditional methods of quantifying investment risk and proposes new approaches that more precisely model risk, particularly that of rare but extreme downside scenarios.
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