The questions that RIAs have about commission-free annuities right now are the very same questions they had just 15 years ago about exchange-traded funds, which are now a core part of client portfolios.
The principals at Indiana-based Treybourne Wealth Planners will become Savant member owners.
The Texas adviser, shunned for alleged racist comments, missed the memo on diversity benefits but exposed a broader conundrum facing advisers.
InvestmentNews Research asked financial advisers if they solicit advice from other advisers when it comes to planning their own retirement. Their answers may be surprising.
Commonwealth Advisory Group will be Mariner’s first office in Pittsburgh.
The Boston-based firm will acquire Calabasas, California-based Legacy Wealth Partners.
The addition of Budros Ruhlin & Roe will give the Toronto-based aggregator a total of $74 billion in U.S. wealth management assets.
Robert Batick moves from Westport Capital, while Norman Coates made the switch from LPL Financial.
The rise of $1-billion-plus mega RIAs in the space, fed by an influx of private capital and deal-making, is a further sign of the business model’s maturity.
The company sees no letdown in the future for M&A activity and estimates there are close to 1,000 firms in the U.S. that could become targets.
By joining forces with ETF Trends and ETF Database, Alerian seeks to become a powerful force that helps ETF providers stay ahead of the curve.
Parsippany-based Headquarters Advisory Group's three principals will become financial planning consultants with Avantax Planning Partners.
Chad Bester is joining Mount Yale Capital Group in Minneapolis.
Ventura, California-based Channel Islands Group also runs an estate planning business.
Not all of our old clients came with us. But the overwhelming majority came and — because of their enthusiasm for our move — some asked us to oversee even more of their assets, while others pointed brand-new business our way.
As a result of increased digital business development, 68% of all advisers met or exceeded their client growth goals.
'As we went through the quarter, we didn’t expect it to slow down as much,' CEO James Cracchiolo said in an earnings call. The company reported 10,047 financial advisers across its platform at the end of June, compared to 9,894 a year earlier.
With the acquisition of Farr Miller & Washington, Hightower will install founder Michael Farr as its new chief market strategist.
Houston-based Asset Management Advisors manages $484 million, pushing Cresset's AUM to more than $14.5 billion.
Acquisition of Toronto-based Gavin Hockey Wealth Specialists gives Focus Financial another foothold in a market moving toward independence.
