The agreement marks the end of a four-decade sub-advisory partnership while giving Wellington a scaled distribution platform for financial advisors.
CEO Rob Nance says the industry's first purpose-built transitions platform can compress months-long moves into days, effectively removing a key barrier to independence.
Cresset hires Evoke Advisors alum to expand New York presence while Callan sharpens its focus on philanthropic consulting, wealth, and legacy planning.
KKR, Ares, and Blackstone shares slid sharply as investor withdrawals from private markets funds showed no sign of easing.
The veteran independent broker-dealer executive brings crisis-tested leadership to the AI-powered data platform
Arax and Waverly also staged their own East Coast expansions by acquiring a family-owned practice and a Maryland-based wealth firm.
The indie RIA-focused custodian adds alternatives from Blackstone, KKR, and others in a fully digital workflow with no custody fees at launch
A November hacking incident involving cloud apps used by three employee exposed names, Social Security numbers, and other account data, the mega-RIA said.
The Osaic subsidiary targets Southern California with its Catalina Capital deal, adding another foothold as it pursues high-net-worth growth across the Western US.
Convicted by an LA jury on 13 of 17 counts, the Citron Research founder and activist short seller now is now facing a statutory 25-year federal prison sentence.
