Snowden Lane lands $1B powerhouse advisor from Morgan Stanley
With 24 years of experience, including a lengthy stay at Goldman Sachs, the seasoned veteran is joining the fast-growing independent in Florida.
Expect ETF growth to continue on gale-force retail tailwinds, says Cerulli
Report shows $4.3T ETF haul in retail financial advisor channels, with even larger allocations by 2025 as model portfolios unlock opportunities.
New fiscal spending bill threatens DOL fiduciary rule
The proposed legislation governing funds for fiscal year 2025 would hamper the agency’s ability to administer, implement, or enforce the rule.
LPL adds former baseball pro to Momentum Wealth bench
The pitcher-turned-wealth manager is part of a $380M advisor team in Delaware that’s joining LPL from PNC Investments.
For advisors, automation and multi-custodian relationships are keys to growth
Building client relationships, cost containment, and high interest-earning cash accounts a priority for most wealth firms, reveals survey.
Americana Partners takes aim at LatAm wealth opportunity
The $7B RIA has launched a dedicated wealth unit, led by a respected authority and backed by family offices in a key market.
Wealthspire Advisors appoints industry veterans to bolster C-suite
The independent RIA unveils leadership additions, including its first-ever chief technology officer, in a redoubled commitment to attract top talent.
Commonwealth swipes $300M planning team from Osaic
Severing a 22-year-old affiliation, the advisory firm with a comprehensive planning focus will serve as an OSJ at the IBD and RIA giant.
BlackRock to ramp up custom models business with GeoWealth partnership
The TAMP will help expand advisors’ access to BlackRock’s private markets, direct indexing, and fixed income SMAs.
Ex-Sanctuary CEO Jim Dickson launches new firm for growth-focused RIAs
The venture co-founded with Mark Penske, which will take strategic stakes in independent partner firms, is starting strong with a deal to snap up a $3.4B OCIO.