Ali Hibbs

Miami-based Corient has struck another deal, announcing on Wednesday that it is acquiring New York City-based Summit Trail Advisors, a dually registered RIA managing more than $21 billion in client assets.

Cindy Rudbart (L) and Corinne James Menacho have taken their Tri-State practice to Rockefeller Global Family Office.

A former UBS Wealth Management USA broker in New York City was suspended for three months and fined $10,000 by the Financial Industry Regulatory Authority over allegations that he traded in customers’ accounts without proper approval.

(L-R) Matthew Dupon, Scott Miller and Sean Montgomery have taken their $900 million L.A. practice to Merit from Commonwealth.

Hightower Advisors could pursue an initial public offering in the next three to five years, Chief Executive Larry Restieri said in an interview this week.

Carson Group has hired Kevin Peterson to lead recruitment for its independent contractor channel.

Jeffrey Thompson (L) and Shannon Willems have taken their $2.2B practice from AllianceBernstein to NewEdge Wealth.

Michael G. Weinand, who sold his RIA to Wealth Enhancement on August 15.

Tony (L) and Frank Conte have taken their $1.6B family practice from Cambridge Investment Research to LPL Financial.

Private equity firm The Vistria Group is buying a majority stake in $14 billion Chicago-based RIA Curi Capital, according to an announcement on Monday.