Eight representatives who managed $300 million at Waddell & Reed have affiliated with the independent unit of Raymond James through Beyond Wealth Advisors, an affiliate based in Manhattan, Kansas.
Advisers Ross McDonald, Anthony Gorman, Ryan Hayden, Diane Freeby, Mathew Bishop, Devin Schwartz, Dillon Kohman and Kurt Haberer have made the move, along with client service associates Gwenda Bishop, Lisa Dziedzic and Lorie Grogg.
LPL announced late last year that it was buying Waddell & Reed's wealth management business and would offer stay bonuses to the unit's more than 900 advisers.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
