Elsewhere, &Partners adds another Wells Fargo team in Texas, while MAI finalizes its acquisition of Evoke Advisors in LA.
After five years of bringing up the rear among the six largest banks, Moynihan and his team are arguing it's set to catch up.
Find InvestmentNews' full coverage of Osaic's ConnectED 2025 conference here.
Founder Brian McDonald wants to equip advisors to manage clients’ growing stock-based wealth, making equity compensation a core part of financial advice.
New report urges rethink to drive ROI for firms, clients.
As cracks form around strategies based on financial engineering, the RIA industry's future sustainability will depend more on trust and enduring relationships.
The fast-growing fintech startup is deepening its RIA presence as it taps top execs from Mission Wealth and Cerity to further scale its advisor outreach and engagement capabilities.
Plus, the Commonwealth advisor diaspora continues with more conversions to Cetera, Osaic, and Raymond James.
The deal marks AssetMark’s eighth acquisition since 2014 as the $158 billion firm continues to build scale in the RIA channel.
The booming business of events contracts is one to watch closely – and tread into carefully – for some of the biggest operators.
Providers target wirehouses and RIAs as active ETF assets top $1 trillion, but distribution and education concerns remain.
The former advisor's conviction follows a multi-year scheme built on fraudulent financial statements, ending in the collapse of investment partnership.
'We feel over the moon with this transaction,' LPL's CEO Rich Steinmeier said.
A state-level move to tax the extremely wealthy on unrealized gains would open a Pandora's Box of legal and logistical issues, according to the Tax Foundation and the Illinois Policy Institute.
An open letter from the industry group highlights need for an open marketplace, broader eligible investments, and operational clarity ahead of next year's rollout.
Total client assets in the wealth division rise 11%, with wrap account assets and advisor revenue also setting records.
The wealth management industry right now is focused on the future of Stifel and its 2,000 highly desirable financial advisors.
The total of Chuck Roberts-related legal damages and costs rises to $180 million, with more claims in the wings.
In his insightful analysis, Stan Gregor explores how transparency is the critical driver of successful M&A transactions in the wealth management industry. He highlights the risks of opaque private deals and explains why clear reporting and governance can elevate investor confidence and foster long-term growth.
Auditability, plan sponsor policies, and state-level regulatory guidance could also create compliance risks for advisors looking to manage held-away client assets.
