Acquirers say the highest-quality firms still command high valuations, while the rest are seeing new deal structures.
Emily Stead wants to be the advisor people think of when a younger person is facing a financial challenge.
The deal adds Delaware-headquartered RIA Mallard Financial Partners, with $180 million in AUM, to Mercer’s growing footprint.
The Association of African American Financial Advisors is a 'sleeping giant trying to awaken,' says chair Christian Nwasike.
As the recession outlook moves further down the road, advisors see the Fed keeping rates higher for longer, boosting the appeal of fixed income.
AJ Wealth was founded by two former Goldman Sachs wealth managers and serves family offices of ultra-high-net-worth clients.
Former Finra board member Stephen Kohn set up the group to help advisors who are looking for a new job, seeking to address a customer complaint on their record, or need help with a range of other issues.
Consensus estimates are that the US economy will dip into recession later this year or early next year.
The founder of Macon, Georgia-based Day & Ennis, a 35-year-old RIA, cited the need to scale as a driving force behind the deal.
Both GPB private placements and the LJM mutual fund were widely sold by brokerage firms prior to 2018.
The broad markets are climbing a wall of worry, although that's been overshadowed by the triple-digit returns of tech sector highfliers.
Keeping retirees in the plan helps both participants and sponsors save on costs, but many 401(k)s are lacking income options.
Nimesh Patel was named to the firm's newly created CTO position in February 2022.
The report says more than half of investment advisors force their clients to go to arbitration to settle disputes, but it doesn't put a number on RIA arbitration cases or the costs for claimants.
Frank McKiernan and Jerry Sneed are joining Procyon, a Dynasty Financial network firm, from Baker Tilly Wealth Management.
Owners of RIAs want higher prices for their firms now than they did between 2017 and 2019, the last time Fidelity did this study.
Financial advisor head count grew by just 2,579 advisors in 2022, while the failure rate among rookie advisors was more than 72%, according to a Cerulli study.
Employment at advisory firms also reached a record, while assets under management declined in 2022, according to an annual study by the Investment Adviser Association and National Regulatory Services.
Jennifer Campbell was office manager and chief compliance officer for a registered investment advisor in Buffalo, New York.
Robert Hamer is joining Stratos from Asset Management Group.
