Emigrant Partners, a unit of New York Private Bank & Trust, has made a minority investment in Ulrich Investment Consultants, a San Antonio-based registered investment adviser managing $1.7 billion.
Ulrich, which has offices in Albuquerque, New Mexico, and Spokane, Washington, serves high-net-worth individuals and families, as well as ERISA plans and Native American tribal clients.
Emigrant and its affiliate Fiduciary Network currently have stakes in 19 firms overseeing approximately $65 billion in aggregate assets under management and assets under administration.
Zocks has inked an exclusive partnership with mega-RIA Hightower, while Jump becomes the choice AI operating system for Equitable Advisors' field force.
The agency's proposal to rescind the contentious 2024 Biden-era mandate opens up a 60-day public comment period.
The Carmel, Indiana RIA grew nearly 150% in assets since severing ties with its first backer following a FINRA dispute.
Meanwhile, Raymond James' employee arm adds a defector from D.A. Davidson, and South Carolina-based RIA Ballast Rock Private Wealth recruits a new advisor.
A FINRA arbitration panel sided with a former wealth manager fired over a $642 deli platter and a disputed client event.
As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.
In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.
