Jim Atwood and Phil Scott self-fund their wirehouse breakaway as rival firms sweeten pay to retain top producers.
Headed by former InvestCloud, Envestnet and Microsoft executives, Singularity takes ownership positions in established advisory firms as growth strains in-house operations.
Somerville-based firm departs LPL to gain planning resources and technology it says would have taken years to build independently.
The four wirehouse firms lost 1,449 experienced advisors and recruited 932 in the first six months of the year, according to Diamond Consultants.
Specialization, experience-based thought leadership and bolder marketing help wealth management firms rise above generic pitches.
DeVoe data shows third-quarter RIA deals fell 19% as private equity-backed buyers increasingly target firms with $1 billion-plus in assets, says dealmaker Corey Kupfer.
Founder Rick Kent moves to executive chairman, and Zach Mersberger has been named president of the $33 billion hybrid-RIA.
Three senior women in wealth management outline the ownership, capital and confidence gaps still holding top advisors back.
“Today is as big a moment as I have seen in my career,” says Shirl Penney of Dynasty Financial Partners.
New benchmarking tool ties advisor pay structures to ownership and succession as the industry faces a widening talent gap.
Gryphon Wealth co-founders Jason Hyrne and chairman and Jeff Wyatt say that the RIA’s long-term strategy hasn’t changed despite its fully-independent status.
Astraeus finds AI-adopting RIAs grew headcount and productivity faster, though compliance concerns around AI oversight persist.
Without a continuity plan, small RIA owners risk leaving clients and staff blindsided when they retire or exit.
The two growth-focused RIAs have named new client experience executives as scaling RIAs across the industry pursue ambitions with investments in talent.
Casey Jorgensen departs Dynasty Financial, which also supports Cyndeo, to lead recruiting, M&A and organic growth as the $3.7 billion firm pushes into its next phase.
To achieve contentment, advisors should think twice before selling their firms for the biggest dollar amount.
He runs a San Francisco-based firm built entirely without acquisitions – and for Chris Wilkens, that's exactly the point as family offices reshape the RIA race.
Wealthspire's Benjamin Sullivan explains why hands-on client access, rather than busywork, defines a successful RIA internship program.
The RIA consultancy's new Estimated Value Index and inaugural COO hire Tom Kimberly reflect wider push to give owners real-time data on what their firms are worth.
Jason Stephens on why he and Mic Lundon left more than 40 combined years at UBS behind.
