Hightower, a Chicago-based registered investment adviser, has taken a stake in Argent Wealth Management, a $1.7 billion RIA based in Waltham, Massachusetts. The deal is Hightower’s seventh transaction so far this year, following Tuesday's announcement that it had taken a stake in North Carolina-based Stearns Financial Group.
Founded in 1992, Argent has 22 employees, including 11 advisers. The transaction, the terms of which were not disclosed, is expected to close in the fourth quarter.
New survey reveals heightened investor concern over market volatility, retirement readiness, and the impact of tariffs on living costs.
Consolidation continues in US wealth management industry.
Tech company democratizes access to US trading infrastructure.
RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.
Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
