New research shows asset managers prioritizing mega RIAs and aggregators in coverage strategy.
Mercer and Wealth Enhancement will receive client referrals from Goldman Sachs Ayco, which was previously led by Hightower Advisors CEO Larry Restieri.
Dental, medical and multigenerational planning teams in Greater Boston and Pittsburgh bolster the $609 billion mega-RIA’s push for sector depth and regional scale.
McKinsey estimates a shortage of about 100,000 advisors by 2034, so what are firms doing about it?
Firm 'satisfied' with resolution. Mary-Kate Gulick tells InvestmentNews: 'I needed this to be over.'
Carson’s first full-office purchase of the year and EP’s latest Southwest partnership spotlight their continuing growth-by-acquisition strategies.
The conversions add more than $20 billion in assets collectively to the mega-RIAs recently launched brand aimed squarely at enticing smaller partners.
Minority stake fuels national rollout of SuccessionFully platform as advisor retirements surge ahead.
Elizabeth "Libet" Anderson is using her two-year term to spread the word about advisor education, while helping establish a "tribe" for independent and underrepresented members of the industry.
The $2.5 billion Chicago-area RIA within LPL is looking to built momentum as a leading destination for breakaway bank advisors.
Regulator pushes new compliance mandate that was due to take effect from now
DeVoe & Company projects RIA M&A activity to keep rising, while another industry dealmaker expects private equity's minority investments to expand into smaller RIAs sub-$2 billion in assets.
A Delaware court ruling reveals what can go wrong when advisors mix personal relationships with client investments.
Twelve investors lost everything to fake blood tests. Now they're getting it all back.
Asset managers from BlackRock to Schwab are lining up for exemptive relief, but data suggest initial challenges keeping RIAs and broker‑dealers on the sidelines.
The firms touted planning-led models, AI-enabled platforms, and culture-driven deals as consolidation continues to reshape the wealth management landscape.
Schwab will discontinue its subscription-based hybrid robo advisor, joining JPMorgan, UBS and U.S. Bank in pulling back from such services. “The war is over. Human advisors won,” said RIA industry leader Josh Brown.
The serial acquirer with more than $130 billion in estimated AUM is making its debut in Louisiana with a Baton Rouge-based high-net-worth practice.
SEC alleges VBit bitcoin hosting deals tied to $48.5 million misuse.
The $50 billion employee-owned RIA looks to use new debt and equity funding to accelerate recruiting, M&A and tech investment while keeping advisors in control of the business.
