The family office planning trio, formerly with Bernstein Private Wealth Management, marks the latest step in Cresset's ongoing efforts to build a 100-plus year firm.
The philanthropic pledge to give young Americans an investing headstart raises fresh questions around tax-advantaged saving for RIAs.
Sequoia Financial has also snapped up a $406 million indie RIA in California, while Allworth returns to the deal table with its own $460 million upmarket acquisition.
With nearly $90 billion in client assets, the Palo Alto-based fintech is eyeing an addressable market of digital natives projected to reach $140 trillion by 2045.
The move to give Mary Callahan Erdoes a board seat comes amid accusations that the Wall Street giant enabled the deceased financier's sex trafficking operation.
The bipartisan measure, co-authored in the Senate by Elizabeth Warren and approved by President Donald Trump, clears numerous hurdles that held taxpayers back from challenging the tax agency.
The White House has reportedly granted clemency for private equity executive convicted over $1.6 billion GPB Capital scheme targeting thousands of investors.
The deal, set to add $28 billion in assets, would vault the Wall Street giant among the top tier of active ETF providers as investors flock to defined outcome strategies for downside protection and smoother stock exposure.
Quotient Wealth Partners' co-CEO speaks out on his RIA firm's pivot into private equity comp planning, how investments by Schwab and Morgan Stanley mark a turning point, and why advisors diving in should prepare to play the long game.
Previously affiliated with Woodbury, the multi-generational team led by cousins Matthew and Christopher Callero are joining Cetera's tax and accounting specialist community.
