Financial advisers scramble to keep clients on track as markets drive lower, inflation climbs and an economic slowdown seems unavoidable.
Two filings show that Parametric is moving beyond its current focus on separate accounts and direct indexing to subadvise strategies for Innovator ETFs.
RIA Lab session looks at the insurance industry's evolution toward providing custodial-like relationships with advisers.
RIAs aren't adequately disclosing arbitration clauses in client contracts and are forcing clients into expensive dispute forums, the groups said.
The four exchange-traded funds are well-timed given the current market environment.
The deal for Emerson Wealth, which is based in Bloomfield Hills, gives Mariner its second office in the Detroit area.
Perhaps the biggest concern for RIAs contemplating a sale is how it would affect their employees and clients.
Steven F. Muntin, 57, had his own independent RIA, Executive Asset Management Inc., which had $26 million in client assets, according to the SEC.
'We’ve absolutely slowed down the pace of the acquisitions,' the CEO said Thursday morning on CI Financial's first-quarter earnings call.
The firm’s Corporate Registered Investment Advisor model provides support and resources for independent adviser representatives who are exclusively fee-based.
The move will allow CI Financial to provide trust solutions to high-net-worth and ultra-high-net-worth clients.
Karn Couzens & Associates is based in Farmington and led by Robert A. Karn and Jeffrey P. Couzens.
Advisers are hoping the worst is over and trying to keep clients focused on the long term.
The acquisition of $370 million Union Financial Advisors, based in Tulsa, marks Merit's sixth deal since taking private equity capital two years ago.
The Focus Financial CEO kicked off the firm's first-quarter earnings call by talking about Ukraine, which is the type of topic heads of U.S.-based financial services firms typically avoid.
Merchant Investment Management continues to build up a portfolio of minority ownership stakes with the deal with $775 million, California-based Argos.
The aggregator announced the addition of Sanford Advisory Services, a $1.1 billion firm based in Portage, Michigan, as private equity backing continues to drive acquisitions in the wealth management space.
The acquisition of Vantage Advisors, a St. George, Utah-based firm, expands EP Wealth’s existing footprint in Utah to three locations.
Mercer is acquiring HYA Advisors, an RIA based in Springfield, Missouri, as private equity money continues to drive RIA consolidation.
Asset-based pricing still dominates in wealth management, but the trend is moving away from charging clients based on portfolio size.
