Meanwhile, LPL attracted a five-advisor team managing $380 million in Kansas, while a veteran with stripes from Morgan Stanley, UBS, and Fidelity has joined Prime Capital Financial.
The top-ranked RIA by total AUM continues to scale its wealth management arm, bringing its Pennsylvania presence to five offices.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
CEO Jeff Dekko’s secret to growth? Keep building and never set a target.
The $222 billion mega-RIA's acquisition of Capital Advisors is the latest deal in its dual-track expansion strategy chasing domestic depth and international scale.
New Porterhouse strategy applies momentum and quality screens to target leading large-cap stocks.
The back-to-back M&A deals underscore surging demand – and a growing dilemma – for mid-market advisory practices across the US.
From thoughtful client service to impactful track records and a disciplined approach to independence, these advisory teams are setting a high bar.
Two wealth professionals weigh in on why AI sharpens the advisor edge rather than erasing it.
Also, Cetera OSJ Wilde Wealth scoops a new COO from Ashton Thomas, while Texas-based Willis Johnson Wealth names its next CEO as part of a multigenerational succession.
Wealth firms expand through recruitment and acquisition as advisor teams and assets shift to growing platforms.
FNBO-backed recruits and a Boca Raton succession deal highlight continued advisor movement.
Meanwhile, Wealth Enhancement and Savant Wealth Management have each extended their footprints in Oregon, with Savant's move marking a first-time partnership in the state.
New managing director to oversee expansion, advisor experience and succession solutions.
Cetera Planning Partners reflects how broker-dealers are building RIA platforms to capture the model’s growth and boost firm valuations, though consultant David DeVoe says a lingering “stigma” still deters some advisors from joining IBDs.
Firms add $768M in combined assets as consolidation wave continues across advisory space.
Poughkeepsie-based $1.5 billion firm The Oak Group has left Wells Fargo to join Arax Advisory Partners, the $42 billion RIA platform backed by RedBird, whose portfolio includes sports investments in the Boston Red Sox, AC Milan, and the YES Network.
Elsewhere, a multigenerational team overseeing $650 million strengthens Apollon's Midwest presence, and Merit plants another stake in the Pacific Northwest.
Meanwhile, Rise-backed OnePoint BFG brings on a NorthRock alum as its new chief strategy officer, and Bogart Wealth adds its first-ever director of corporate development.
Martine Lellis tells InvestmentNews that the deal reflects the competitive deal market and the $98B RIA’s advisor continuity strategy.
