A Merrill Lynch team managing $550 million in Northbrook, Illinois, has joined Rockefeller Capital Management, a New York-based advisory firm managing $5.4 billion.
The team is led by Bill Colwyn and Dan Mendelson, both of whom had worked at Merrill Lynch since 2008, and is known as the CM Private Wealth Group.
The team also includes Michelle McCabe, the chief operating officer.
Driven by robust transaction activity amid market turbulence and increased focus on billion-dollar plus targets, Echelon Partners expects another all-time high in 2025.
The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.
The fintech firms' new tools and integrations address pain points in overseeing investment lineups, account monitoring, and more.
Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.
Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
