According to the company, it's valuation is up from $3.1 billion just two years ago, with recapitalization led by Mousse Partners, Progeny 3, and Abrams Capital.
Ralph Haberli has been appointed as acting CEO, while Shah will remain in an advisory role for the rest of the year.
With platform technology and investment options multiplying, Andree Mohr argues a streamlined "right thing for the right people" approach is the way forward.
Shackleton joins the $86 billion RIA as its M&A strategy puts it among the most active private equity-backed consolidators so far in 2025.
The 2025 class of rising star wealth management professionals and advisors under 40 underline how forging connections and understanding clients is the true difference maker.
Record deal volume, surging assets, and a wave of mega-transactions define another landmark year for RIA M&A, with strategic buyers dictating the momentum.
The traditional idea of retirement is becoming less common, three out of four people expect to work at least part-time during retirement.
Patrick Quinn leads CION's innovative infrastructure fund, expanding market access through a tailored approach.
The CEO of Creative Planning, which boasts $640B in AUM, noted that large firms such as his can remain in the private markets, but some may run out of room for growth and IPOs may be the inevitable conclusion.
Schwab has been evaluating its referral program for RIAs for over a year.
At DeVoe’s M&A Succession Summit in Chicago, Focus Financial CEO Michael Nathanson said RIAs shouldn’t underestimate wirehouses and banks as potential reemerging competitors in the independent advisor market.
The new chief operating officer has been tapped to drive new growth following a record year for advisor recruitment and a pending majority acquisition by SEI.
New $1.5B in assets marks firm’s latest push to scale its advisor-succession platform
The merger announced Thursday rivals other monster deals this year by fellow mega-RIAs Corient and Mariner.
Mercer’s Regis Group, catering to families with $25 million or more, is growing over 20% a year, president Daniel Gourvitch tells InvestmentNews.
The co-founding, husband-and-wife team of F2 Strategy explain how a need for industry expertise in wealth management consulting hatched their plan.
Wealthspire Advisors’ “Find Your People” program empowers both new and seasoned advisors with tailored mentorship, personal branding, and a culture of authentic growth.
While recession fears linger, advisors report confidence in client retirement readiness and anticipate benefits from recent tax reforms.
InvestmentNews was in town for the Huntington Beach, California event, featuring 5,000 financial advisors and an outlook for the industry.
Co-founder Pat Collins tells InvestmentNews of his 'strong feeling' that a employee-owned approach will lead to better outcomes.
