The latest addition is Nevada-based Sage Financial Advisors.

Twin River Wealth Management, led by Thayer Potter, joins Prospera in Pennsylvania.

BlackRock invested some $24 million in the cryptocurrency exchange, Larry Fink said, adding that he still believes in crypto’s underlying technology.

James Gorman said the firm will let “some people” go “all over the globe,” without specifying numbers.

The new jobs, which the firm plans to fill throughout 2023, are in wealth advisory teams, advisor services, client service and support, and operations, according to the Orlando Business Journal.

The firm’s U.S. wealth management business is adding banking products and advisors to drive growth, according to its president, Dave McKay.

The wirehouse made minor changes to bonus payouts and other elements, including an incentive to get sub-$250,000 clients to move more money to the firm.

A roundup of key updates from major broker-dealers, registered investment advisors, custodians and other distributors.

The addition of Caprin Asset Management is intended to boost Davidson’s capabilities in fixed-income investments.

Ballast Rock Group has formed Ballast Rock Private Wealth to cater to accredited investors, tapping a Goldman Sachs and Bank of America alum to serve as the new RIA’s CIO.