Deals & Moves: LPL Announces Four Additions Ahead of Commonwealth Conversion

Published on November 13, 2026

In other moves, Mariner Independent launches three firms with a combined $302M; Sapient adds a trust company; and L.A.-based RIA Atlas acquires to pass $1B.

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Vanguard Launches Low-Cost Active Emerging Markets Bond ETF

November 13, 2026
Vanguard has expanded its active fixed income lineup with the launch of the Vanguard Emerging Markets Bond Active ETF (VEMB), bringing institutional-caliber emerging market debt management into a low-cost ETF wrapper. The new fund enters the emerging markets bond ETF category that holds roughly $32.7 billion across 19 funds.

Dealmakers Debate Pros, Cons of Buying an RIA or Recruiting Advisors

November 13, 2026
During an M&A panel at RIA Edge Austin, dealmakers weighed the benefits and downsides of acquiring to grow versus recruiting.