With simulations showing extreme projected portfolio outcomes, some financial advisers won't even use Monte Carlo modeling for their younger clients for fear of looking silly.
As investing becomes increasingly political, investors will have to balance good feelings against good performance.
Merchant Investment Management is a private partnership that invests in growth companies and other opportunities. According to its website, Merchant Investment Management this year has focused on investing in the wealth management industry.
Sterling Wealth Group is based in Melville, New York and was formerly affiliated with MML Investors Services.
Pacific Edge Advisors constitutes a hometown acquisition for Beacon Pointe.
Five years after competitor Fidelity launched its no-transaction-fee platform for institutional shares, Schwab is following suit in a similar deal with T. Rowe Price.
Burnt out by the grind of running a small business, many firm principals are merging with other firms and creating national brands.
The principals of Charlotte, North Carolina-based Queens Oak Advisors, Leila Evans and Deems May, a former NFL player, will join MAI.
The Toronto aggregator announced a twofer that combines for $10 billion in assets under management. The deals push CI’s U.S. footprint to $115 billion in assets.
The year-end buying binge continues as RIAs rush to close deals ahead of President Joe Biden's anticipated tax hikes next year.
Rohit Mahna will report to Mike Durbin and fills the spot vacated in June by Sanjiv Mirchandani, who took part in Fidelity's sweeping buyout offer.
With just two deals under its belt after nearly 40 years in the business, the $16 billion Dallas broker-dealer and RIA is ready to become more active in the M&A space.
Merchant Investment Management has purchased a stake in Brainvest Wealth Management for international exposure.
Wescott Financial Advisory Group will swell to $3.5 billion under management with the addition of Asset Planning Services, which specializes in working with execs from Merck & Co.
Seattle-based Laird Norton Wealth Management is working with Calvert and Parametric to design to equity strategies that emphasize social issues.
Rinet executive says $2.2 billion in AUM is no longer enough to be competitive in the fast-consolidating RIA market.
Record net inflows are just a part of the story. ETFs continue to take market share of mutual funds by doing more for less.
After a trying 2020, large Northeastern RIAs saw growth this year rebound to 8.8%. The InvestmentNews annual review of RIAs by region includes firms with $100 million or more in assets.
The acquisition of the New York-based RIA marks the third largest transaction for the Canadian buyer, which has grown to more than $100 billion in U.S. RIA assets in two years.
Riding the direct indexing wave, the WisdomTree Crypto Index is designed for advisers but could also offer direct access for retail investors.
