Regulatory filings show Larry Weinzapfel allegedly did not address a dozen audit deficiencies within required timelines, prompting his discharge from the $55 billion RIA network.
Brandon Cox, a former Edward Jones and Commonwealth advisor, launched the RIA on Raymond James’ lesser-known custody platform after deciding broker-dealer model no longer delivered enough value.
Nearly 5,700 advisors now use Altruist, which says “many, many advisors” have come to its platform after Schwab's squeeze on its RIA referral program.
President Joe Skarda says its wealth management arm is attracting recruits with an entrepreneurial, RIA-like environment that avoids "bureaucratic red tape" of larger platforms.
The $500 billion RIA aggregator is rolling out Jump’s AI assistant across its affiliate firms after pilot testing showed advisors reduced task time by 70%.
A new report finds 22.5% of Commonwealth’s advisors left after its sale to LPL Financial, raising questions about whether the firm’s touted 90% retention target refers to advisor headcount or assets.
A record 322 M&A transactions in 2025 shattered the previous deal flow pace in the RIA market, but DeVoe & Company’s report shows the surge further concentrated power among a handful of dominant firms.
Home to more state-registered RIAs than any other state, some advisors in California are drafting exit plans after the latest 5 percent tax proposal on billionaires.
Former BlackRock and Focus Financial lawyer Rusty McGranahan has been named general counsel at the SEC as Trump plans a new fiduciary rule for advisors to handle alternative assets in 401(k) accounts.
As private-market allocations rise, startups like Pluto are partnering with Apollo and Hamilton Lane to bring AI-backed private-asset lending into the RIA channel.
