There's been lots of talk from retiring advisors about succession challenges. Well, the next generation of advisors has a few things to say as well.
The firm is expecting a significant period of growth which will include M&A.
Meanwhile, Stephens lures a JPMorgan advisor in Louisiana, while Wells Fargo adds two wirehouse veterans from RBC.
Also, Maridea welcomes former founders of Motley Fool Wealth Management, while Lido locks in a strategic investment from private credit firm HPS.
Former LA-based advisor James Arthur McDonald Jr. is facing federal prison time for defrauding investors out millions of dollars in a Ponzi-like scheme after a failed anti-America bet.
"We're not bloated, we're not slow, and we can buy these stocks within days, rather than within quarters," former Dimensional Fund Advisor PM Matt Zenz, who now is the CIO of the $1.1 billion RIA Hill Investment Group, told InvestmentNews.
Fiduciary Family Office founder and CEO Kathleen Grace argues mounting growth pressures from PE investors pose risks to advisors' autonomy and client service.
American Century and Mariner Wealth have moved to settle pay disputes with $25.5 million fund.
Meanwhile, Merchant is continuing to expand its support for RIAs by partnering with a South Dakota-chartered trust company.
"I think the next durable theme for investors is going to be security: energy security, technology security, defense," Jamie Cox, managing partner at Harris Financial Group, said.
Meanwhile, $34 billion independent First Manhattan welcomed New Jersey-based Roanoke Asset Management, an RIA firm with more than 40 years of history.
The latest team to join Cetera, led by a 29-year veteran professional, arrives with roughly $380 million in AUA from OSJ Private Advisor Group.
Veteran advisor managing $400M launches firm through strategic partnership.
Also, Nitrogen has added Indivisible Partners to its integration network, while Wealthtender unveiled an AI-focused update to help boost advisors' online presence.
The giant hybrid RIA's latest East Coast move adds $175 million in recruited assets as it looks to offset broader advisor attrition.
Appointments highlight growing importance of consultant and allocator relationships.
From data access to email server operations, Adam Spiegelman says Commonwealth Financial Network supported a seamless transition as he left the firm to launch his own RIA.
Find out who made the final shortlist for top honors at this year's awards, honoring the women and firms blazing new trails in wealth management.
More financial advisors are seeking to expand outside America's financial hubs as technology improves and populations shift.
"Becoming a wholly owned Carson Wealth office was a clear and strategic decision for us," managing partner Mick Edwards said.
