The Tennessee-based firm has sold a minority stake to Merchant Investment Management, citing the need to build scale in the fast-consolidating wealth management industry.
Hefren-Tillotson will add 90 financial advisers working out of six Pittsburgh-area offices to the more than 1,300 advisers in Baird's private wealth management business.
Lenox Wealth Advisors became Wealthspire over the weekend, with Private Capital Group and Private Ocean the next firms under NFP's umbrella to see name changes.
Cerulli research shows mountains of wealth will be looking for a home over the next 20 years.
While private equity investors have an unquenchable thirst for wealth management, the public markets haven't always been kind to wealth management companies.
Eight of the 11 acquisitions Captrust did last year involved wealth management firms, a trend that Rush Benton says will continue.
Justin Green, founder of AssistFP, has learned that developing a niche is an evolutionary process.
Lindsey Swanson leverages search engine optimization and 'in your face' messaging to develop an advisory niche among the 'stigmatized' world of adult entertainers.
As firms chase scale with bigger and bigger deals, RIA sellers are enjoying the ride of record-level valuations.
Inspire Advisors recruits a $250 million duo from Financial Engines with promise that it will never require vaccines.
