The welcome news for financial advisors in the report is that valuations for firms aren't necessarily based on how they choose to do business.
Nesvold is exiting Raymond James to take on an expansive new role at Cresset's $30 billion platform.
Sonnen, founder of consulting firm PFI Advisors, will work on improving Coldstream's back-office operations.
The SEC's current definition of small advisors is 'antiquated,' which means the agency's regulations are not properly calibrated for such firms, the Investment Adviser Association said.
The new Dynasty Investment Bank will cater to buyers and seller regardless of whether they're part of the Dynasty partnership network.
Austin, Texas-based Brainard represents a key market for Pathstone's focus on family office services.
CI claims to have tripled its return on its original minority investment in Congress Wealth Management.
Chicago-based Burnham Harbor Private Wealth has four advisors.
New Era Financial Advisors has six advisors and offices in Wayzata and Hutchinson.
The purchase of Lawrence-based McDaniel Knutson Financial Partners is Allworth’s 28th deal in five years.
The investments may fit the times, but lack of choice and transparency, and liability fears help explain why some are dissatisfied with the offerings.
The private equity-backed aggregator launched by veterans of Goldman Sachs and United Capital has acquired Barber Financial Group, with $1.5 billion in assets.
Private equity is still hungry for access to wealth management and smaller firms are fine-tuning their pursuit of scale.
A big part of working with artists and entertainers is helping them keep their feet on the ground while they're reaching for the stars.
A new generation of registered investment advisors are just building fintech themselves, since what's on the market falls short of the digital experience they want to offer.
Fidelity research shows a trend toward de-risking and an increased focus on diversification in the portfolios advisors build for their clients.
Rockville, Maryland-based Grove Point has $15 billion in assets and roughly 400 advisors; it was known as H. Beck before Kestra acquired it in 2017.
A Morningstar report shows most clients want to feel connected to their advisor beyond just their investment account.
The Los Angeles-based custodian's latest funding round was led by Insight Partners and Adam Street Partners.
This is the first time since 2014 that first-quarter deal volume has declined from the same quarter a year earlier, according to data from DeVoe & Co.
