Focus Financial Partners, an investor in registered investment advisory firms, is buying a stake in The Planned Approach, a Kansas City, Missouri, RIA managing $266 million.
The acquisition, the terms of which were not disclosed, is expected to close in the fourth quarter.
The Planned Approach was founded in 2002 by Stephanie Guerin and Kelly Hokanson.
Guerin, Hokanson and their team will join Buckingham Strategic Wealth, a St. Louis, Missouri-based RIA firm that's majority-owned by Focus Financial.
Quarterly analysis of retirement accounts highlights positive behavior.
Insiders say the Wall Street giant is looking to let clients count certain crypto holdings as collateral or, in some cases, assets in their overall net worth.
The two wealth tech firms are bolstering their leadership as they take differing paths towards growth and improved advisor services.
“We think this happened because of Anderson’s age and that he was possibly leaving,” said the advisor’s attorney.
The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
