Amplify ETFs is acquiring the assets of ETF Managers Group, bringing under one roof funds that offer exposure to marijuana, blockchain, artificial intelligence and more.
Houston-based Presidio Wealth Partners is leaving with nearly half of Avidian's $4 billion in assets and aspires to reach $5 billion in five years.
Based in Richmond, Virginia, ACG Wealth Management offers investment management, qualified plans, tax strategies and third-party administrator services.
Clayton took a swipe at the current leadership of the Securities and Exchange Commission for swinging too far in the wrong direction.
The multicustodial open architecture platform promises to connect the various applications advisors use to service clients.
At the end of April, The Retirement Planning Group had 14 advisors and 40 employees.
The additional investment from Altas Partners pushes Mercer's valuation past $3 billion.
BerganKDV provides accounting, tax and audit services and business advice, in addition to wealth management.
The independent broker-dealer is developing different channel strategies as part of its rebranding, and RIAs are a big part of that.
As the banking crisis unfolded during the first quarter, the youngest investors were loading up on financial sector stocks and crypto, while older investors backed off.
Having more people know what you can do for them rather than what they can do for you could be a route to growth that suits many advisors.
The technology is gaining appeal as way for advisors to separate themselves from the financial planning pack.
The legislation would force the SEC to calibrate compliance costs for small and growing businesses, including advisory firms.
Vigilant Wealth Management has offices in Portland, Maine, and Portsmouth, New Hampshire.
Fidelity's alts platform, which launched in 2013, has seen assets grow by 70% since 2020.
Since launching as a spinoff of Thrivent Financial in 2019, the platform has grown to $5 billion in client assets.
Since becoming a hybrid RIA, Concurrent has added five new firms that combine for $440 million and it's ramping up to co-brand advisors from every possible direction.
The acquisition of Planned Futures, which manages $460 million, expands Merit's footprint in Pennsylvania.
Its expanded LiquidityDirect platform provides access to various short-term cash management funds, strategies and even community banks.
"I call it B-D/IA arbitrage," Finra's Christopher Kelly said, describing his concern about advisors flouting the boundaries between charging clients fees and commissions.
