National

Artificial intelligence (AI) is increasingly being integrated into the work of financial advisors, transforming how they manage client relationships, analyze data, and streamline operations—though it comes with both opportunities and challenges.  The adoption rate of AI among financial advisors is significant and rising. According to industry insights, a large majority of financial services companies are ...

Francisco Partners has agreed to acquire Quorum Software, a big name in global energy software, from Thoma Bravo. The announcement pegged the deal as a strategic move to tap into Quorum’s 20-year run powering digital transformation in the energy industry, including upstream, midstream, and downstream. Financial terms of the deal, which is expected to close ...

HGGC, a middle-market private equity firm, has inked a deal to take a majority stake in Centralis Group, a Luxembourg-based firm in alternative asset and corporate services. Centralis had been backed by CBPE Capital, another private equity firm. The transaction’s financial details were not revealed, and it’s slated to wrap up in late 2025. Centralis ...

TradePMR, the brokerage and custodian for registered investment advisors that Robinhood Markets snapped up in a $300 million cash-and-stock deal last November, has teamed with Syntax Data, a direct indexing tech provider, to roll out a new offering for financial advisors. The partnership will provide financial advisors on Trade PMR’s platform with access to Syntax’s ...