The RIA custody and clearing giant is appointing two longtime executives to take over for Rohit Mahna, who's departing at the end of the year.
Jonathan Cave brings decades of experience from CH Investment Partners, Merrill Lynch, and UBS to a newly created position at the high-net-worth RIA.
InvestmentNews traveled to Denver, Colorado to cover Schwab's annual conference. All coverage can be found here.
According to new research published by Amplified Planning and Schwab, mid-career entrants — often motivated by personal financial experiences — are flooding toward financial planning. But firms aren’t yet built to receive them.
The fintech provider argues federal and state regulatory guidance, plan sponsors, and retirement advisors all support the case for encrypted credentialing as an alternative to APIs.
Seasoned veterans positioned to drive growth in increasingly competitive industry.
Keebeck Wealth Management founder Bruce Lee starts 4 a.m. workouts with Mark Wahlberg, as their friendship boosts his RIA’s appeal to the health and wellness-focused younger generation.
With 2024 fraud losses topping $29 billion among older adults, the partnership reflects growing urgency to detect AI fraud and elder financial exploitation.
Leaders at Siebert Financial discuss how AI has supercharged marketing outcomes and compliance capacity – while still keeping humans in the loop.
Elsewhere, Indianapolis-headquartered indie Sapient Capital nabbed a $1 billion JPMorgan advisor in a recruitment first, while another duo also left the wirehouse to join Wells Fargo.
The two CD&R portfolio companies' alliance will enable Focus to leverage Vialto’s deep cross-border expertise and 6,500-strong team.
The deal for the $34 billion wealth firm comes as PE-backed transactions set a new annual record, while the SEC puts a spotlight on compliance risks for advisers being acquired.
The deal will help Edward Jones provide a more comprehensive wealth management offering.
Nominate exceptional financial planners before the deadline on November 28.
Following a new custodial partnership and ongoing AI-led strategy, the platform's latest industry-leading update brings live account information into advisor conversations.
An advisor trio has also splintered off from Raymond James to another firm in Florida, while Janney adds $800 million in assets with a double addition.
Carson Group also added another $1.45 billion team in Ohio, while Utah-based Diversify further extend its reach in Boston.
Signature Estate & Investment Advisors, currently managing $30 billion in assets, is ramping up its M&A strategy with an eye toward potential “mergers of equals” as it targets $100 billion by 2030.
Also, The Mather Group adds a $300M West Coast RIA, while Arkadios Capital supports a $700M Commonwealth team's break from LPL.
Advisors speak out on how rapid growth in the RIA industry could be costing next-gen professionals, and ways for firms to nurture their younger talent.
