The RIA’s latest expansion in is led by two veteran advisors with more than half a century of collective experience.
"I think we’re gearing up to really grow very aggressively in the coming 15 months," says CEO Peter Mallouk.
Travis Alexander started his firm in 2016, and it became one of the top revenue producers at Raymond James.
The leading RIA has secured an equity interest in the Ohio-based firm’s $400M wealth division through a strategic partnership.
The family-owned ensemble led by sibling advisors adds to the fast-growing RIA's footprint in Arizona.
The $31.5B RIA and New Jersey-based branch office is helping its advisor community navigate the journey of continuity and succession planning.
The $11B RIA's latest hire from Valor Advisors comes with 18 years of experience, including tenures at JPMorgan and UBS.
“By supporting our RIA partners, we can help them differentiate themselves and drive growth.”
The national RIA’s addition in Tampa, led by a 24-year industry veteran, pushes its AUM up to $3.7B.
The RIA aggregator pulled the transaction as worldwide turbulence in the markets puts a chill on debt issuance.
The deal expected to close in the third quarter will see $3.6B get absorbed into the Colony Group’s continually growing book.
The latest funding, which completes its $26.5M series A round, will help the digital-first advisory platform maintain its momentum to break $1B this year.
The colossal RIA network has promoted a key leader of its consolidation strategy into a more expansive role.
The newly added founding partners at Jim Dickson's firm also both bring significant experience from Merrill Lynch.
"The big theme is that the industry is still in fourth inning of the consolidation ball game," says one executive.
Former JPMorgan leader has overseen strong growth of business unit.
Firms that lead the pack in new clients and AUM growth are more likely to have clear marketing plans and directions, Schwab says.
The Audax-backed RIA’s latest acquisition vaults it to the $8.8B AUM mark while expanding its presence in New Jersey.
The deal "signals to people who are going independent that there's money out there to be had."
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