Shares of LPLA were trading Monday morning close to $370 for an increase of 918% in 15 years.
The deal in Maryland adds a decades-old planning practice, led by a father-son tandem, to MAI Capital Management's network
A later-recording win isn't guaranteed. The court sided with earlier investors in EquityBuild's Ponzi unwind
$1.8 trillion asset manager SEI completed the first stage in its planned takeover, with company executive Michael Lane highlighting its belief in "the sustainability of the revenues related to financial advice."
"They had to change their name," a business professor told CNBC.com. "Their old name had negative value to it."
Coming from US Bank, Eric Freedman takes charge of Northern Trust’s private client investment engine as his predecessor in the C-suite shifts into a key Northeast role.
The Parsipanny, New Jersey-based firm's latest minority investment adds more than $500 million in client assets, with more than $25 billion now across its network.
Cetera also extended its 2025 Commonwealth recruitment streak, while Citizens Private Wealth stepped into the retirement planning space with a 401(k)-focused advisory team.
Veteran dealmaker Jason Ehrlich steps into a newly created role as the Las Vegas-based hybrid RIA leans harder into M&A and strategic partnerships.
The independent broker-dealer and RIA giant says it has doubled revenue in five years as it leans on advisor recruiting, acquisitions, and agentic AI.
Mega-RIA Creative Planning and Chicago-based Waverly have also gained additional scale with hefty acquisitions.
Alaris Acquisitions CEO Allen Darby cautions of a 2026 slowdown in RIA M&A activity, as sellers find new homes this week at Creative Planning, Wealth Enhancement, Allworth Financial, and Sequoia Financial Group.
The family office planning trio, formerly with Bernstein Private Wealth Management, marks the latest step in Cresset's ongoing efforts to build a 100-plus year firm.
Sequoia Financial has also snapped up a $406 million indie RIA in California, while Allworth returns to the deal table with its own $460 million upmarket acquisition.
Quotient Wealth Partners' co-CEO speaks out on his RIA firm's pivot into private equity comp planning, how investments by Schwab and Morgan Stanley mark a turning point, and why advisors diving in should prepare to play the long game.
InvestmentNews TV traveled to Denver, Colorado to talk to Schwab leadership and attendees. All video coverage can be found here.
After a multi-state court fight and allegations he was "phased out of work" for younger advisors, Glenn Frank and Hightower told an Illinois federal judge they’ve reached the framework of a settlement.
Managing director Shawnette Gauer outlined to InvestmentNews how the firm’s new program aims to simplify independence and accelerate organic growth for RIAs.
Deal reflects trend towards tighter focus on advisor expansion rather than burden of IBD model
Edelman claims a departing advisor emailed clients about the RIA's “fourth CEO transition in seven years” to sway them toward Prime Capital as part of an alleged poaching strategy that continues today.
