Bill Williams, who has run the independent contractor channel since 2008, will also take over the employee advisor business, recruiting and institutional partnerships.
A staff-wide email reminded employees of ethics rules as suspicious trades around the Iran conflict draw Democratic calls for tighter regulation.
Active ETFs, defined outcome products, and shifting investor preferences are all fueling a bullish outlook for the rest of the decade.
The investment marks the latest move by the New York-based capital partner, which now backs more than 20 wealth management firms.
Plus, WealthReach acquires Model FA IP to build an organic growth consulting practice, while InvestSuite enters the US market with its StoryTeller portfolio reporting tool.
With more households willing to pay for advice, Cerulli data show a chasm between what clients think advisors are obligated to do and how their assets are actually managed, with RIAs poised to benefit.
The deal marks Corient's second acquisition of 2026 as the mega-RIA pushes toward $450 billion in combined assets.
Brighton Jones' Kaycee LeCong breaks down why domicile changes are harder than most clients expect — and why the real planning work has to begin well before 2028.
Meanwhile, Merrill extended its reach in Florida with the addition of a veteran reporting $645 million in client assets from UBS.
Oil prices remain more than 40% above pre-war levels and ship traffic through the Strait of Hormuz has barely recovered, as the US-Iran ceasefire frays amid competing claims over its terms.
