Arriving from Osaic, Walters' two decades-plus of experience includes leading more than 200 advisor associates to help quintuple earnings at Lincoln Financial Network.
The deal in Wisconsin marks Edelman's ninth RIA acquisition in three years, adding more than $300 million in assets while expanding its estate planning reach.
The merger between Fifth Third and Comerica aims to accelerate growth, diversify revenue streams, and strengthen the combined bank’s presence in the Southeast, Texas, and California.
Additional services allow advisors to pick up the slack and expand as the rest of the industry gets squeezed.
Raymond James' indie channel also added a veteran planner from Osaic, while a group of Morgan Stanley breakaways joins a Commonwealth-affiliated firm in Pennsylvania.
Meanwhile, Alera Group has extended its reach in Kansas with two retirement-focused advisors.
Commonwealth loses more advisors to Raymond James' independent channel
As oil giant cuts 2,000 jobs overseas, advisor explains how the $3 billion firm helps oil-sector employees navigate severance, pensions, Exxon stock and NUA tax strategies.
Resident, who posed as a financial advisor, pleads guilty to a multi-million dollar fraud that targeted retirement accounts, robbing many of their life savings.
Cerulli research sees major acquisitions and mergers drive growth in the IBD channel, with advisors increasingly drawn to independence and scale.
Also, Raymond James transitions its asset management leadership, while US Bank names president of affluent wealth division.
The deal for the Bellevue, Washington-based multi-family office marks another step for Corient's hyper-growth strategy.
OpenArc Corporate Advisory successfully fended off a temporary restraining order in Georgia, with the court ruling favoring the RIA's move to independence.
Firms announce acquisitions to expand geographical reach, capabilities.
The latest quarterly surge puts the industry on pace to exceed 300 transactions in 2025, according to Devoe.
Elsewhere, a deal in Florida gives Ashton Thomas Private Wealth a new CIO, while Moneta expands its reach further into Colorado.
Osaic RIA Solutions leader, Dynasty Financial Partners co-founder takes new role.
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Former PayPal CEO Bill Harris debuts tech-focused RIA Evergreen Wealth 25 years after working alongside Elon Musk. “Quite frankly, we almost came to blows some days, just because there was such intensity,” Harris said Tuesday. “What did I learn working at PayPal? It's actually more that I learned not to do. It was complete chaos."
The Torrance, California-based consolidator's newest strategic minority investment, marking a first for Ares, will help advance the RIA's talent acquisition, M&A strategy, and other priorities.
