Beacon Pointe Advisors, a Newport Beach, California-based registered investment adviser managing $10 billion, has acquired CDA Group, a Greenville, South Carolina-based RIA managing $510 million, and Essex Wealth Management, a Vero Beach, Florida, RIA managing $110 million.
[ESG Video: Making of ‘Flowers in the River’]
CDA partners Joe Schofield, Kent Giguere and Steven Bright are joining Beacon Pointe, as are Essex owners Kerstin Murphy and Michael Himmel.
The Trump accounts are “generationally changing” and bring financial literacy to youth, said IRS chief Frank Bisignano.
Deal adds a $299 million tax-and-wealth practice as the RIA aggregator advances acquisition strategy around integrated financial and tax planning.
Large and mega plans show strongest appetite, but fee confusion persists.
Many people are taking a dangerous gamble with their financial future, new study warns.
Britt is named CFO of Wipfli, a $600 million accounting firm that audits two NFL franchises
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
