Robertson Stephens Wealth Management, a San Francisco-based firm now managing $4 billion, has acquired LFS Wealth Advisors, a San Ramon, California-based registered investment adviser managing $210 million, and Vodia Capital, a Boston-based RIA managing over $160 million. Terms of the acquisitions were not disclosed.
LFS founder John Lau will be joined in the move to Robertson Stephens by colleagues Helen Lau, Matthew Lau, Diana Cason, Michael Stephens, Jennifer Spence, Carmen Liu and Jialin Liu. LFS uses a holistic approach that includes financial and risk management solutions as well as income tax planning and estate conservation strategies.
Vodia founder and managing principal David Matias and principal Avi Deutsch will be joined in their move by colleagues Brandon Frye, Chuning Wang, Janet Shetty and Mammad Aliyev. Vodia provides clients portfolio design, impact-oriented strategies and proprietary research.
"Im glad to see that from a regulatory perspective, we're going to get the ability to show we're responsible [...] we'll have a little bit more freedom to innovate," Farther co-founder Brad Genser told InvestmentNews.
Former advisor Isaiah Williams allegedly used the stolen funds from ex-Dolphins defensive safety Reshad Jones for numerous personal expenses, according to police and court records.
Taking a systematic approach to three key practice areas can help advisors gain confidence, get back time, and increase their opportunities.
Meanwhile, Osaic lures a high-net-worth advisor from Commonwealth in the Pacific Northwest.
The deals, which include its first stake in Ohio, push the national women-led firm up to $47 billion in assets.
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.
