Advisor News

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No succession plan? No worries. Just practice in place
OPINION AUG 01, 2025
No succession plan? No worries. Just practice in place

While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.

By Andrew Evans
Research highlights growing need for personalized retirement solutions as investors age
RETIREMENT PLANNING AUG 01, 2025
Research highlights growing need for personalized retirement solutions as investors age

New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.

By Leo Almazora
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones
INDEPENDENT BROKER DEALERS AUG 01, 2025
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones

With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.

By Leo Almazora
Insured Retirement Institute urges Labor Department to retain annuity safe harbor
RETIREMENT PLANNING AUG 01, 2025
Insured Retirement Institute urges Labor Department to retain annuity safe harbor

A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.

By Leo Almazora
LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors
INDEPENDENT BROKER DEALERS AUG 01, 2025
LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors

"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.

By Bruce Kelly
Mercer Advisors expands in Florida with $1.2B AUM next-gen team
RIA NEWS AUG 01, 2025
Mercer Advisors expands in Florida with $1.2B AUM next-gen team

It's the mega-RIA firm's third $1B+ acquisition in just three months.

By Steve Randall
WisdomTree to acquire $1.85B AUM specialist asset manager
ALTERNATIVES AUG 01, 2025
WisdomTree to acquire $1.85B AUM specialist asset manager

The deal marks a strategic entry into private asst markets for the ETP, ETF innovator.

By Steve Randall
Trump asks bank CEOs to pitch Fannie, Freddie stock offering
WIREHOUSES AUG 01, 2025
Trump asks bank CEOs to pitch Fannie, Freddie stock offering

Wall Street leaders propose ways to monetize the mortgage giants.

By Bloomberg
Alternative investment winners and losers in wake of OBBBA
REGULATION AND LEGISLATION AUG 01, 2025
Alternative investment winners and losers in wake of OBBBA

Changes in legislation or additional laws historically have created opportunities for the alternative investment marketplace to expand.

By Bruce Kelly
Raymond James, Osaic laud new bank partnerships
INDEPENDENT BROKER DEALERS JUL 31, 2025
Raymond James, Osaic laud new bank partnerships

A Texas-based bank selects Raymond James for a $605 million program, while an OSJ with Osaic lures a storied institution in Ohio from LPL.

By Leo Almazora
Bessent backpedals after blowback on 'privatizing Social Security' comments
RETIREMENT PLANNING JUL 31, 2025
Bessent backpedals after blowback on 'privatizing Social Security' comments

The Treasury Secretary's suggestion that Trump Savings Accounts could be used as a "backdoor" drew sharp criticisms from AARP and Democratic lawmakers.

By Leo Almazora
Financial advisors often see clients seeking to retire early; Here's what they tell them
RETIREMENT PLANNING JUL 31, 2025
Financial advisors often see clients seeking to retire early; Here's what they tell them

Wealth managers highlight strategies for clients trying to retire before 65 without running out of money.

By Gregg Greenberg
Robinhood beats Q2 profit estimates as business goes beyond YOLO trading
FINTECH JUL 31, 2025
Robinhood beats Q2 profit estimates as business goes beyond YOLO trading

Shares of the online brokerage jumped as it reported a surge in trading, counting crypto transactions, though analysts remained largely unmoved.

By Leo Almazora
Dimon and Trump talk economy and Fed rates as meetings resume
WIREHOUSES JUL 31, 2025
Dimon and Trump talk economy and Fed rates as meetings resume

President meets with ‘highly overrated globalist’ at the White House.

By Bloomberg
NASAA moves to let state RIAs use client testimonials, aligning with SEC rule
REGULATION AND LEGISLATION JUL 30, 2025
NASAA moves to let state RIAs use client testimonials, aligning with SEC rule

A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.

By Andrew Cohen
Could 401(k) plan participants gain from guided personalization?
RETIREMENT PLANNING JUL 30, 2025
Could 401(k) plan participants gain from guided personalization?

Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.

By Leo Almazora
UBS sees a net loss of 111 financial advisors in the Americas during the second quarter
WIREHOUSES JUL 30, 2025
UBS sees a net loss of 111 financial advisors in the Americas during the second quarter

Some in the industry say that more UBS financial advisors this year will be heading for the exits.

By Bruce Kelly
JPMorgan reopens fight with fintechs, crypto over fees for customer data
FINTECH JUL 30, 2025
JPMorgan reopens fight with fintechs, crypto over fees for customer data

The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.

By Bloomberg
The average retiree is facing $173K in health care costs, Fidelity says
RETIREMENT PLANNING JUL 30, 2025
The average retiree is facing $173K in health care costs, Fidelity says

Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.

By Leo Almazora
Advisor moves: NY-based Coastline wealth adds three teams with over $430M in assets
INDEPENDENT BROKER DEALERS JUL 30, 2025
Advisor moves: NY-based Coastline wealth adds three teams with over $430M in assets

Raymond James also lured another ex-Edward Jones advisor in South Carolina, while LPL welcomed a mother-and-son team from Edward Jones and Thrivent.

By Leo Almazora