Sequoia Financial acquires Nashville firm managing $930M

Sequoia Financial Group is acquiring M Capital Advisors, a Nashville, Tennessee-based RIA that oversees $930 million in assets, the firm announced Friday. Terms of the transaction were not disclosed. M Capital, which was founded in 1993, provides portfolio management services to individuals and institutions. The firm, which also has an office...

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SEDG, SLB, ISRG and more

Check out the companies making the biggest moves in premarket trading: SolarEdge Technologies — The solar stock tumbled nearly 29% after the company lowered its third-quarter guidance post market Thursday. SolarEdge CEO Zvi Lando cited substantial and unexpected cancellations among the reasons for the cut. On Friday, Deutsche Bank...

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Estate planning gets an AI makeover thanks to Vanilla

Artificial intelligence is certain to change how financial advisors and wealth managers operate, with many applications streamlining and accelerating processes. Estate planning solutions firm Vanilla is aiming to leverage the power of AI to speed up everyday tasks such as turning estate documents into diagrams, creating projections for federal and...

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