Displaying 4554 results
M&A activity continues to weather perfect storm of negative factors
Smaller RIA sellers are driving the pace of deals toward another record year, according to Devoe & Co.'s report on third-quarter activity.
Tiedemann SPAC deal clears major hurdle to listing
The RIA says a vote by the shareholders of the SPAC, Cartesian Growth Corp., to approve the deal has been scheduled for next month.
Raymond James nets Wells duo managing $328 million
The father-son adviser team operate as Thannisch Wealth Management of Raymond James in Austin, Texas.
R.J. Moore stepping down as CEO of Private Advisor Group
Frank Smith, an LPL veteran who's the firm's current president, will succeed Moore as chief executive in mid-January.
Captrust adds $900 million in pension assets with acquisition of Patriot Pension Advisors
The deal for the Massachusetts firm marks the 59th acquisition for Raleigh, North Carolina-based Captrust.
Why advisers should go all in on niche markets
Such a move can be the rocket fuel to grow a meaningful practice with long-term growth potential and a recession-proof business model.
Sequoia Financial sells another minority stake to private equity investors
The partnership with Valeas Capital Partners follows a 2020 partnership with Kudu Investment Management. Sequoia remains majority employee-owned.
Envestnet rolls out program that lets advisers see how they measure up against peers
The free, anonymous assessment takes about 20 minutes to complete, and Envestnet is building a comprehensive database from the findings.
FiNet adviser managing $192 million switches to LPL
Chris Albright’s Astra Wealth Advisors makes the move in Clarks Green, Pennsylvania.
Market sell-off puts mutual funds on track for $1 trillion of outflows in 2022
The appeal of the old-school fund wrapper is taking a big hit as investors and advisers move to the sidelines.
UBS nabs $1 billion Morgan Stanley trio
The three-adviser, five-person team, Narragansett Bay Group, makes the switch in Providence, Rhode Island.
Amid 2022 slowdown, RIA and tech SPAC deals sputter
The promise of cold, hard cash tends to speed up time but how does that work in a bear market?
$600 million Wells Fargo team moves to RBC
The four advisers, who make the switch in Fargo, North Dakota, provide high-net-worth families and businesses with wealth planning strategies.
Mega Merrill team managing $4.5 billion goes RIA
Ash Chopra launches Syon Capital and most of the 10 professionals joining him in the move were team members at Merrill.
SageView to acquire $415 million RIA
The women-led Lakeview Wealth Management, which is based in Deer Park, Illinois, offers retirement and financial planning services.
Merrill duo managing $350 million moves to UBS
Howard Woo, Luke Schell make the wirehouse switch in Irvine, California, and operate as Sequoia Partners.
Advice industry tilts toward model portfolios as surest path to building scale
Client-level investment management is gradually going the way of white tennis balls as asset management becomes increasingly commoditized.
Baird team managing $2.9 billion jumps to Raymond James
The eight-adviser group, which operates as The Wise Investor Group of Raymond James in Reston, Virginia, joins the firm's employee channel.
Four Raymond James reps managing $375 million go indie with LPL
The managing partners of The Albany Group, which is based in Decatur, Alabama, use LPL's services for breakaway brokers.
XYPN Live celebrates growth of fee-for-service financial planning
The network added 186 new registered investment advisers to its ranks in 2021, bringing its total membership for more than 1,200 firms.
