Andrew Cohen

Andrew covers RIAs and wealth management for InvestmentNews. He previously was a family office reporter for Crain Currency, and has spent years covering the sports business for outlets such as Sports Business Journal, Front Office Sports, and Awful Announcing. He is based in New York. Email him at [email protected]

 

Andrew Cohen
Displaying 74 results
Kestra bets on landing 'fair share' of Commonwealth advisors
INDEPENDENT BROKER DEALERS JUN 24, 2025
Kestra bets on landing 'fair share' of Commonwealth advisors

Kestra president John Amore expects to "win our fair share" of Commonwealth advisors, and "particularly those that don't want to be part of a 30,000 advisor firm," amid their looming sale to LPL Financial.

Hybrid RIA &Partners caps equity at 40 million shares in bid to reach $120 billion
PRACTICE MANAGEMENT (GORIA) JUN 23, 2025
Hybrid RIA &Partners caps equity at 40 million shares in bid to reach $120 billion

"When we complete our five-year plan and we've recruited the advisors we want to recruit, advisors will be the single largest group of shareholders within our firm," &Partners founding partner Kristi Mitchem told InvestmentNews.

Winners recall 2024 InvestmentNews Awards: 'I think it was a complete home run'
RIA NEWS JUN 22, 2025
Winners recall 2024 InvestmentNews Awards: 'I think it was a complete home run'

Standout RIAs celebrated wins and sparked connections at last year's InvestmentNews Awards as we look forward to tonight's festivities.

NBA sovereign wealth workaround? Abu Dhabi backs record Lakers' buyer
ALTERNATIVES JUN 20, 2025
NBA sovereign wealth workaround? Abu Dhabi backs record Lakers' buyer

TWG Global CEO Mark Walter has agreed to buy the Los Angeles Lakers for $10 billion, just two months after TWG Global entered a multi-billion investment partnership with Abu Dhabi's Mubadala Capital.

Merchant-backed Concurrent debuts minority investing program for smaller RIAs
RIA NEWS JUN 19, 2025
Merchant-backed Concurrent debuts minority investing program for smaller RIAs

The $12 billion hybrid RIA Concurrent Investment Advisors will target RIAs between $200M-$500M in assets.

NerdWallet expands wealth services with $178M RIA acquisition
RIA NEWS JUN 17, 2025
NerdWallet expands wealth services with $178M RIA acquisition

The acquisition of New York-based RIA Future You Wealth forms the foundation of NerdWallet Wealth Partners, a fee-only RIA targeting mass affluent investors with a maximum fee of 0.9%.

Carson Group's M&A head sees '10-to-15 year bull market' for RIAs
RIA NEWS JUN 16, 2025
Carson Group's M&A head sees '10-to-15 year bull market' for RIAs

"I'm just a big believer that based on demographics alone, we are looking at a 10-to-15 year bull market in M&A in the RIA and independent wealth space," said Michael Belluomini, SVP of M&A at Carson Group.

RIA Jackson Square Capital sponsors golfer Riley Lewis at US Open
PRACTICE MANAGEMENT (GORIA) JUN 12, 2025
RIA Jackson Square Capital sponsors golfer Riley Lewis at US Open

The San Francisco-based RIA has its logo on the shirt sleeve of 23-year-old Riley Lewis as he makes his major championship debut, and plans to further leverage the golfer's cachet among clients and prospects.

RILAs gain ground amid volatility
LIFE INSURANCE AND ANNUITIES JUN 12, 2025
RILAs gain ground amid volatility

Tariff-driven economic turbulence and stock market volatility could fuel further demand for annuities as a product for investors near retirement age to limit their downside exposure.

Minority capital comes with caution
RIA NEWS JUN 12, 2025
Minority capital comes with caution

Transactions have slowed according to recent data as industry insider warns that the trip doesn't always match the brochure when minority investors come onboard.