Advising on held-away retirement assets can pose challenges. Self-directed brokerage accounts offer a path forward.
InvestmentNews caught up with Altruist CEO Jason Wenk after his time at Future Proof to discuss the conference, Altruist's deal with Josh Brown's Ritholtz Wealth Management, and Robinhood's planned entry into the RIA custody market.
Parkwoods Wealth Partners also extended its reach in Indiana as a $350 million RIA joins the firm.
Dan Cole joins LinePoint as its new CFO, while Jason Thomas steps in to lead tax strategy at Stephens' private wealth division.
Ameriprise has also added a $130 million advisor from PNC, while a former pro golfer from LPL takes to Cetera's tax-focused community, Avantax.
"At the end of this year, every employee is going to have equity, and part of annual compensation will include profit interest rates going forward," James Bogart told InvestmentNews in an exclusive. The $3 billion RIA aims to reach $22 billion AUM by 2033.
Travis Danysh explains how the mega-RIA network is "[presenting advisors] with a brighter future for themselves, their employees, and their clients."
Wealthspire's Julie Penwell and Lionshares startup CEO Sofia Massie share insights on how to embrace being innovators and entrepreneurs in wealth management.
Gregory Kadet and Cecily Bolding have been given managing director roles at the firm's private wealth offices in the Rocky Mountains and Dallas, Texas.
From a performance-first mindset to high-touch service and talent development, the inaugural report on top-performing firms shows how top firms achieve significant asset and client growth.
An ex-Ameriprise duo has also joined LPL in Virginia, while Raymond James welcomes advisors from Edward Jones and Oppenheimer to its network.
From next-gen advisors to firm leaders and CEOs, these professionals are raising their voices and helping to drive change in the wealth industry.
"The most important decision you make is the team you put together," Jenny Johnson, CEO of Franklin Templeton, told the audience during the event.
Also, a triple-deal propels Beacon Pointe to reach a $48 billion asset milestone, and Bluespring merges in another Kestra firm.
Annual snapshot shows registration failures, fees, and fiduciary shortfalls as top enforcement issues, with California, Texas, and Florida hosting the most state-level RIAs.
The newly launched Wealthscape Intelligence and onboarding capabilities are designed to unlock personalized insights and reduce friction, says one tech platform leader at the firm.
Valuations are rising for well-run firms with good financials, solid growth path.
Also, Raymond James continues its Commonwealth recruitment streak, while Wells Fargo adds $1.1 billion in new assets from LPL, RBC, and TD Private Client Wealth.
The newest additions to Carson's leadership come with experience from Commonwealth, LPL, Wealth.com, and SageView Advisory Group.
LPL, Hightower, UBS among the firms losing advisor teams in latest moves
