With M&A deals poised to exceed 300 this year, sub-acquisitions now account for nearly one-third of all RIA transactions thanks to a "maturing" ecosystem.
Report says plan loan use skewed toward essential expenses is a worrying trend.
Chris Vizzi, CFP®, Co-Founding Partner at South Coast Investment Advisors, explains why today’s affluent clients demand more than traditional portfolios. He reveals how mastering alternative investments and strategies like Qualified Opportunity Zone Funds is essential for advisors who want to help high-net-worth clients build lasting wealth, achieve tax efficiency, and create a legacy.
LPL's W-2 channel, Linsco, also added a $330 million team from Janney, while Ameriprise's independent unit lassoed advisors from LPL and Wells Fargo.
The investment led by Bain Capital, with participation from Edward Jones, comes as new research points to the rising role of 401(k)s for younger generations' retirement security.
Also this week, NorthRock Partners added a $2.7 billion advisory firm in California, while Carnegie Investment Counsel deepened its footprint in Florida.
'Advisors always tell you it's not about the money when it comes to recruiting, but when you see money like that, it's about the money,' one executive said.
The brokerage giant added over one million new brokerage accounts for the fourth straight quarter, while total client assets reached a record $11.59 trillion.
An open letter from the fintech to the 401(k) giant has sparked a fierce debate over how retirement savers ought to be able to engage third-party advisors.
Wealth management units post standout results, powered by rising client balances and increased trading.
The firm can win back the trust it lost due to a recent SEC order – as long as it does the right thing.
Research finds that most Americans lack readiness in planning for longer life
The move to enter the $13 trillion DC plan market follows recent regulatory shifts, with Blackstone joining other asset managers seeking to bring private assets to workplace retirement plans.
With a new planning platform set for 2026, Advyzon seeks to streamline workflows for RIAs by integrating financial planning, portfolio management, and reporting.
The deal adds hedge fund and private credit operations expertise to growing advisory platform.
The acquisition marks an important boost to the firm's capabilities.
From Bain-backed Carson Group's stock appreciation rights to KKR-backed Beacon Pointe's employee equity pool, acquirers reveal new incentive mix.
From advisor productivity to data quality and protection, the top tech providers in the wealth space are solving for the most critical challenges facing advisors and wealth firms.
JPMorgan and Goldman's investment banking units helped drive earnings beats, while Citi hit revenue records across all divisions.
Raymond James 'has also been getting more love on Commonwealth recruiting success,' one analyst noted.
