Klein Financial Advisors, a Newport Beach, California-based RIA, has a strong emphasis on serving women.
The Tennessee-based firm has sold a minority stake to Merchant Investment Management, citing the need to build scale in the fast-consolidating wealth management industry.
Hefren-Tillotson will add 90 financial advisers working out of six Pittsburgh-area offices to the more than 1,300 advisers in Baird's private wealth management business.
Lenox Wealth Advisors became Wealthspire over the weekend, with Private Capital Group and Private Ocean the next firms under NFP's umbrella to see name changes.
Andy Walker and Christen Covey open their own firm, Walker Covey Wealth Advisors, in Orem.
According to CFRA data, through the end of last year, active ETFs made up 4% of all ETF assets, and represented 10% of ETF net inflows in the past year.
The agency seems to be moving toward seeking admissions of guilt from firms based on first-of-their-kind enforcement actions that it has taken as well as comments that its leaders have made.
While private equity investors have an unquenchable thirst for wealth management, the public markets haven't always been kind to wealth management companies.
Eight of the 11 acquisitions Captrust did last year involved wealth management firms, a trend that Rush Benton says will continue.
The firm's purchase of Reilly Financial Advisors is another in a string of recent deals.
A JPMorgan Bank rep who advises on $200 million also moves to Atlanta-based Arkadios Capital.
Justin Green, founder of AssistFP, has learned that developing a niche is an evolutionary process.
While 2021 presented several challenges, there were also many positive legislative and regulatory developments over the course of the year.
The former UBS chief was named co-chair of recently rebranded NewEdge Capital Group.
Wrenn Financial Strategies in Raleigh, North Carolina, is the firm's latest acquisition.
Naples-based Cordasco Financial Network was founded in 2011.
Lindsey Swanson leverages search engine optimization and 'in your face' messaging to develop an advisory niche among the 'stigmatized' world of adult entertainers.
Fieldpoint Private will remain a private bank, and, as part of the new transaction, will offer its banking capabilities through the Summit adviser platform.
Liberty Point Advisors affiliates through Independent Advisor Alliance OSJ.
As firms chase scale with bigger and bigger deals, RIA sellers are enjoying the ride of record-level valuations.
