Displaying 4554 results
Advisors flock to ETF that upends traditional value investing metrics
Pacer's COWZ ETF has grown to $13 billion by screening for free cash flow yields to identify intangible assets.
The undiminished lure of RIA firms
Registered investment advisory firms provide a service that customers understand, demand and are willing to pay a good price for, in good times and bad.
SEC charges Virginia advisor with fraud
The advisor, Ryan R. Riley, also pleaded guilty in a criminal manner and was ordered to pay restitution of at least $434,000.
Advisory firm looks for clients right before they need advice
Michigan-based Innovia Wealth concentrates on entrepreneurs who are on the brink of striking it rich.
Arkansas RIA recruits $650 million trio, becoming one of state’s largest advisory firms
Brian Wood, Michael Peebles and DeAnn Gann are joining Legacy from Arvest Bank and will open a new office in Northeast Arkansas.
Slowdown in M&A threatens decade-long streak of increasing RIA consolidation
The number of deals in the first two months of this year is down from the same period last year, but deal trackers are calling it a reversion to normal M&A levels.
Focus Financial Partners says it’s being bought, as expected
The firm, which has been a dealmaking machine since it launched in 2004, will go private as a result of its acquisition by private equity manager Clayton Dubilier & Rice.
Focus Financial to be acquired by Clayton Dubilier in $7 billion deal
Shareholders in Focus will receive $53 in cash per share, and Stone Point Capital has agreed to retain a portion of its investment in Focus.
Thomas H. Lee bought RIAs before anyone else
After leaving Thomas H. Lee Partners in 2006, he started another firm, Lee Equity Partners, that made a handful of significant transactions in wealth management shops.
LPL taps Schwab veteran for RIA growth
Julian Lopez will focus on LPL's relationships with independent advisors.
TradePMR, FP Transitions partner on consulting service
The service aims to help RIAs and breakaways with organizational structure, compensation and entity design.
With recession looming, advisors prepare for the worst
Clients are being advised to build up their cash positions, reduce equity risk and load up on high-quality fixed income.
Are financial advisors recession-proof?
What the numbers say about advisory jobs in a potential downturn, according to an InvestmentNews Research analysis of Bureau of Labor Statistics data.
The ’secret’ of advisor job security
As long as wealth management firms can continue to attract and retain knowledgeable and empathetic individuals, financial advisors should always have a job.
Advisors’ worst fears coming into 2023 proving groundless, so far
A relatively smoother ride in the financial markets this year should allow advisors and their clients to breathe a sigh of relief.
NewEdge Advisors rolls out employee affiliation model
South Dakota-based Reinke Gray Wealth Management is the first to join NewEdge using the new model.
Dynasty Financial, in first-ever acquisition, picks up TruClarity’s breakaway business
Dynasty currently has 35 job openings, and CEO Shirl Penney said TruClarity's people, including CEO Pamela Stross, were a big part of its appeal.
Focus Financial Partners keeps mum about potential sale
CEO Rudy Adolf said nothing about the potential sale during the firm's quarterly earnings call with investors Thursday morning.
Sequoia Financial acquires Zeke Capital Advisors in $5 billion deal
The purchase of Berwyn, Pennsylvania-based Zeke will push Sequoia's assets under management to more than $15 billion.
2023 RIA M&A off to sluggish start
The second half of January saw RIA mergers and acquisitions slow down sharply from the first half, according to a report from Fidelity.
