National

Advisors currently face a significant challenge in managing their clients’ workplace retirement accounts, such as 401(k), 403(b), and 457 plans. These accounts often represent some of the largest investments clients hold. Historically, advisors have not been able to manage these accounts directly.   This lack of control restricts their ability to offer personalized guidance or ...

Capitala Group has raised over $1 billion in commitments for its latest oversubscribed fund, encompassing leverage and separately managed accounts. The Charlotte-based firm, focused on lower middle-market debt and equity capital, tapped strong institutional demand and added 42 new bank partners to its 79-bank network.  Capitala currently has over $300 million of equity-focused commitments available ...

The $82.5 billion Los Angeles County Employees’ Retirement Association (LACERA) has allocated $175 million to two private equity funds, as detailed in recent board meeting minutes. The LACERA board approved a $100 million commitment to Blue Sage Capital IV, a private equity fund targeting small-market buyouts in the U.S. industrial sector. In January 2025, Blue ...

LPL Financial LLC has welcomed financial advisors Larry Hubbard, Craig Conner, and Jade Maasch to its broker-dealer, registered investment advisor (RIA), and custodial platforms, marking their transition from Ameriprise. Previously operating as Alliance Financial Partners, the team has rebranded as Legacy Premier Wealth Management and brings with it roughly $275 million in advisory, brokerage, and ...