While the strategy has real benefits, the gap between a client's commitment and the custodian's operational competence and capabilities can force undesirable outcomes.
Goldman’s shifting approach to wealth management has included reorganizations, the United Capital buy-and-sell, a short-lived robo-advisor and frustrating client constraints, as described by Farther's new family office head Ben Seidenstein.
The investment marks the latest move by the New York-based capital partner, which now backs more than 20 wealth management firms.
Plus, WealthReach acquires Model FA IP to build an organic growth consulting practice, while InvestSuite enters the US market with its StoryTeller portfolio reporting tool.
The deal marks Corient's second acquisition of 2026 as the mega-RIA pushes toward $450 billion in combined assets.
Agency veteran returns to helm 1,000+ staff as regulator sharpens focus on investor harm.
“The monitoring systems this firm had in place were insufficient to detect unsuitable sales of high-risk investments,” the regulator said.
Meanwhile, Merrill extended its reach in Florida with the addition of a veteran reporting $645 million in client assets from UBS.
The industry keeps investing in better tools. The real opportunity is getting advisors to actually use them.
Why tailored communication, not constant communication, defines lasting client relationships
Record tips and whistleblower payouts highlight SEC’s intensified enforcement push.
Firms continue talent push with experienced advisors and multigenerational teams.
Meanwhile a $1.5B deal sees Fool Wealth formally join Apollon Wealth Management.
In the most aggressive cases, the bank's new revenue targets would effectively double some bankers' required output from a year ago — which some insiders say is simply out of reach.
If robots are taking jobs, the argument goes, they should pay into the system those jobs used to support — and CEO Sam Altman is now making that case to Washington.
Lexington Wealth Management becomes the second external acquisition for HTSW, pushing the mega-RIA's W-2 advisory platform past $29 billion in assets.
As automation reduces operational drag, Pave Finance argues smaller accounts are shifting from burden to growth channel
The firms allege a single filing triggered a chain reaction that shut them out
The two firms are among the most prominent in the retail securities industry and financial advice market today.
Discussions around systemic risks, unsettling headlines, and manager reputation – among other issues – can be an opportunity to remind high-net-worth clients about the importance of strategic diversification.
