"That's something we aspire to do, to build out a referral network," Altruist CFO Marc Greenberg told InvestmentNews, though the custodian is currently leaning more on AI and workflow automation to support growth for its 5,100+ advisors.
RIAs like IFC Advisors directly compete against firms like Wells Fargo Advisors for financial advisors.
Firm recruits advisors managing a combined $430 million.
Ares on the dynamics driving the rising interest in sports assets.
Summit Financial unveiled a suite of eight new tools, including AI lead gen and digital marketing software, while MassMutual forges a new partnership with Orion.
The strategic merger of equals with the $27 billion RIA firm in Los Angeles marks what could be the largest unification of the summer 2025 M&A season.
Longtime Commonwealth marketing executive Sarah Howes has been hired to spearhead advisor marketing at Farther, and 16 ex-Commonwealth advisors totaling $1.7 billion AUM are set to follow her to the technology-focused RIA.
The RIA giant's newest C-suite appointee will take charge of its long-term strategic planning as well as its M&A and portfolio consolidation efforts.
Elsewhere, Osaic extended its reach in Knoxville with a former TrustFirst team, while Raymond James scored another win in the war for Commonwealth advisors.
Meanwhile, EP Wealth extended its Southwestern presence with a $370 million women-led firm in Santa Fe, New Mexico.
Google still dominates search, but advisors are shifting to “generative engine optimization” to stay visible on AI search platforms such as ChatGPT.
Third-generation firm leader and managing director at Schechter Investment Advisors shares growth outlook for the RIA space, how he knew it was time to sell, and how his $4 billion RIA benefited from alts leadership.
Private equity exit values and volume are up sharply, but investments in RIAs are taking a different path: “Many PE firms are now structuring proposals that allow RIAs to roll equity into their next fund,” Hue Partners' Emily Blue told InvestmentNews.
Those jumping ship include women advisors and breakaways.
Firms in New York and Arizona are the latest additions to the mega-RIA.
RIA firms announce deals to expand their growing footprints.
Firms announce new recruits including wirehouse breakaways.
Previously managing $850 million at Steward Partners, Dynasty's newest affiliate team in Texas has set up their own high-net-worth practice with a focus on retirement.
"QuantumRisk, by design, recognizes that these so-called "impossible" events actually happen, and it accounts for them in a way that advisors can see and plan for," Dr. Ron Piccinini told InvestmentNews.
The race to 100 transactions ended a month early this year, with April standing out as the most active month on record for RIA dealmaking.
