Arkin Group, an international risk intelligence and consulting firm, has launched TAG Intel, which will provide non-partisan geopolitical intelligence to the wealth management community. TAG Intel is led by Jack Devine, a 32-year veteran of the Central Intelligence Agency, who aims to democratize the information he has been bringing to global corporate clients since 2000….

Arkin Group, an international risk intelligence and consulting firm, has launched TAG Intel, which will provide non-partisan geopolitical intelligence to the wealth management community. TAG Intel is led by Jack Devine, a 32-year veteran of the Central Intelligence Agency, who aims to democratize the information he has been bringing to global corporate clients since 2000….

Stifel and Invesco will pay $35 million each to settle SEC allegations that the firms failed to properly keep electronic communications outside the proxy channel. In addition, nine other firms filed similar charges in the latest round of affected firms. The total penalties among the eleven firms are $88 million. Related: SEC charges 26 firms…

Mercer Global Advisors, one of the nation's largest and fastest-growing registered investment advisors with $63 billion in client assets, has hired Elizabeth Hioe as its new chief people officer. She replaces Martine Lellis, Mercer's former chief talent officer, who was promoted in May to the principle of M&A partner development. At Mercer, Hioe will be…

RIA custodian Altruist has launched fully digital fixed income trading for advisors. Calling it the Fixed Income Mall, Altruist partnered with startup Moment as its infrastructure partner. Related: Altruist launches money platform Among the features of the new trading center is what Altruist calls a modern controller, increased data transparency and a “click to trade”…

Mercer Global Advisors, one of the nation's largest and fastest-growing registered investment advisors with $63 billion in client assets, has hired Elizabeth Hioe as its new chief people officer. She replaces Martine Lellis, Mercer's former chief talent officer, who was promoted in May to the principle of M&A partner development. At Mercer, Hioe will be…

(Bloomberg) — Buyers and sellers of U.S. commercial real estate are increasingly convinced that the beleaguered market is coming to an end. But the big question remains: at what price will the offices, apartments and other blighted properties actually change? Related: Commercial real estate is poised to benefit from rate cuts There are many signs…

Summit Financial, a Parsippany, NJ-based registered investment advisor backed by Merchant Investment Management, announced that advisors from BFG Wealth and Canon Capital Wealth Management have joined Summit after making strategic investments in both firms. The deals are part of RIA's Summit Growth Partners initiative and represent its 12th and 13th strategic investments this year. Related:…

(Bloomberg) — Revolut Ltd., Europe's most valuable fintech, is spinning off its $US8.5 billion ($9.5 billion) wealth management offering into a standalone app, looking to compete against the likes of Robinhood and eToro for a larger retail share. investor market. The app, called Revolut Invest, will offer around 5,000 assets at its debut, including US…

Kingswood US, which is part of a network of independent firms overseeing more than $15 billion in client assets, has acquired Nashville-based Eudaimonia Group, three registered investment advisory firms managing more than $1 billion active in 17 advisers. The deal adds Eudaimonia Partners and Eudaimonia Advisors to Kingswood's corporate RIA. It also brings an in-house…