TradePMR, which provides technology and custodial services to registered investment advisors, said it’s partnering with FP Transitions, a succession planning firm, to provide consulting services to advisors on the TradePMR Fusion platform.
The consulting service aims to help RIAs and breakaways with their organizational structure, compensation and entity design.
According to a statement, FP Transitions works with thousands of firms each year on succession planning.
“Optimal succession planning can take up to 15 years to design and implement,” Scott Leak, director of business development at FP Transitions, said in the statement. “We believe our data proves that firm value declines significantly when succession planning is delayed.”
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
