Robert Batick who manages $224 million as an independent in Guilford, Connecticut, has changed affiliation from Westport Capital Management to Securities America Inc. Also making a switch to Securities America is Norman “Todd” Coates, who manages $152 million in Tyler, Texas, and was formerly affiliated with LPL Financial.
Batick affiliated through Patriot Financial Group and Coates through Navigation Financial Group, two of Securities America’s largest affiliated super OSJs, or offices of supervisory jurisdiction.
A drop in interest rates and easier access to capital has reignited appetite among private equity-backed consolidators, who accounted for 53% of RIA deals so far this year- their highest share since 2021 according to Devoe & Company.
Also, Advisor CRM announces a new data integration partnership to ease the pain of client onboarding.
Meanwhile, Merrill Lynch intends to continue building its alternative investment platform for wealthy clients.
The co-founder of IFG discussed with InvestmentNews the unique opportunity that remaining independent offers to build a successful firm.
Three industry leaders will join the hybrid RIA's president and LPL alum, Andy Kalbaugh, to help guide its organic and merger-based growth strategy.
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.
