SEI expanded its AI leadership with three senior appointments, highlighting the growing role of artificial intelligence in the wealth industry.
The deal adds veteran David Appel and 30 years of advanced planning expertise, expanding insurance services for RIAs and independent advisors nationwide.
The 140-year-old firm catering to ultra-high-net-worth clients joins a growing roster of wealth managers and tech providers plugging Claude into advisor workflows.
RIA dealmaking holds its pace in mid-2026 as two firms announce moves targeting first responders and West Coast growth
Meanwhile, Carlyle-backed MAI Capital announces another expansion in Connecticut, while AlphaCore adds a seven-person group overseeing nearly a billion dollars in Colorado.
The Chicago-based RIA deepens institutional investment consulting and advanced planning access for advisors serving wealthy families
Merrill has also extended its ranks in California with a $450 million team from Morgan Stanley, while Raymond James adds a seasoned Edward Jones advisor to its independent channel.
Mark Tremblay joins as the firm's third senior hire in under two weeks, signaling an accelerating talent push.
Advisor demand for structured products and private markets puts pressure on independent platforms to deliver institutional-grade solutions.
Meanwhile, Cresset welcomes a $1 billion AUM advisor from JPMorgan as managing director, while Sanctuary helps a Merrill Lynch breakaway launch his own independent RIA.
New LA-based RIA combines traditional advisory services with cultural ecosystem spanning sports, entertainment and entrepreneurship.
More than 1,000 current and former employees are reportedly negotiating with RIAs including Creative Planning and Corient for sub-0.5% advisory fees and tax-loss harvesting ahead of SpaceX's public debut.
Industry group submits testimony supporting S2782, which includes language shielding licensed financial professionals from the state's contentious new ABC test.
“Having an independent platform underneath us was incredibly important,” said Scott Gilliam of Align Private Wealth.
The deal creates one of the largest independent RIA footprints in the Philadelphia metro region, with more than $30 billion in combined client assets.
Cresset hires Evoke Advisors alum to expand New York presence while Callan sharpens its focus on philanthropic consulting, wealth, and legacy planning.
Arax and Waverly also staged their own East Coast expansions by acquiring a family-owned practice and a Maryland-based wealth firm.
Help recognize excellence in wealth management before nominations close
N10 Holdings, Zenith Wealth Partners, and Golden Wealth Management each chart a new course.
Entertainment and tax are among the additional expertise acquired by RIAs, with two deals in California and one in New Mexico.
