Wealthspire Advisors, a registered investment adviser managing $10.6 billion, has agreed to acquire StratWealth, an RIA based in Maple Lawn, Maryland, that manages $1.5 billion. Terms of the acquisition were not disclosed.
StratWealth serves more than 900 families through three Maryland offices.
Wealthspire Advisors, which has offices in Potomac, Maryland, Reston, Virginia, and Philadelphia, is a unit of NFP, a New York-based insurance broker and consulting firm.
Americans with life insurance coverage are far more likely to feel assured of their loved ones' future, though myths and misconceptions still hold many back from getting coverage.
Mounting regulatory pressures and proposed taxes are putting a strain on higher education institutions, forcing renewed focus on liquidity management and the secondary market for private equity.
Poll of 1,500 retirement plan investors finds 45% interested in private equity and private debt, with more than three-quarters saying they'd ramp up contributions as a result.
Most firms place a limit on advisors’ sales of alternative investments to clients in the neighborhood of 10% a customer’s net worth.
Those jumping ship include women advisors and breakaways.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
