Perigon Wealth Management, a registered investment adviser headquartered in San Francisco, has merged with RLP Wealth Advisors, a New York and Boca Raton, Fla.-based RIA, creating an advisory firm with approximately $1.8 billion in assets under management.
The merged firm, which will operate under the name Perigon Wealth Management, will maintain offices in California, Florida, Hawaii, Montana, New Jersey and New York.
Arthur Ambarik will continue as CEO of the combined firm and RLP’s Jeremy Paul will become president.
Both firms received support for the merger from their joint strategic partner, Merchant Investment Management.
Firms continue their quest to attract and retain the best advisor teams.
A survey from TacticalMind AI found 69% of advisors say a high-quality AI platform that makes investment recommendations and constructs portfolios is worth $500 monthly, while research-only tools are valued closer to $250.
The alts tech provider's latest integration lets advisors query fund data and surface portfolio insights without leaving their primary workspace.
The regulator is scrutinizing how some firms oversee concentrated positions in complex "worst-of" notes – and wants answers.
Meanwhile, Carson Group fully integrates a decades-old practice in Phoenix, Arizona, and Triad Wealth touts its 5x growth to hit a $2 billion milestone.
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
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
