Displaying 19 results
Bluespring Wealth Partners creates $1.4B Florida hub
Two partner firms combine to provide enhanced services for clients and team.
AmeriFlex adds $400M firm to its growing RIA network
Hybrid firm in Centennial, Colorado, is building on a stellar year in 2023.
Bluespring Wealth Partners acquires $500M family-run firm in Virginia
The 15-year-old firm’s leaders looking forward to focusing on client relationships.
Kestra PWS attracts $181M breakaway team in Texas
Flexibility cited as key reason to shift from the wirehouse model.
David Canter stepping down as president of Bluespring
Canter joined Bluespring only a year ago after spending nearly 13 years at Fidelity Investments.
Team of 16 advisors with $1.5B AUM switch firms to build on 14-year growth
The firm, founded in 2009 during the financial crisis, is ready for its next phase.
Family-led $200M advisory team joins LPL from Kestra Financial
The father-and-sons team at New Jersey-based Sopher Financial Group’s value LPL as a ‘top of the tech curve’ wealth management firm
Atria buys Grove Point Financial from Kestra
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.
Large retirement plan consultant switches to Triad
Gallagher Retirement Plan Consulting, which is based in Elmhurt, Illinois, had previously been affiliated with Kestra.
Bluespring Wealth acquires $850 million hybrid
Dallas-based CD Wealth Management is joining the Kestra subsidiary to gain scale.
Kestra, Cetera report solid recruiting in third quarter
Kestra Financial added advisers with $2.3 billion in assets under management during the third quarter, while Cetera Financial Group recruited advisers with $2.4 billion in assets.
New DC aggregator appeals to independent RPAs
More RPAs are choosing to sell, in part to get referrals, especially if they are part of a benefits firm. But being part of a larger firm as an employee is not appealing to all.
Trio managing $170 million switches to LPL from Kestra
The Glen Allen, Virginia-based firm was founded in 2015 and operates as Capstone Financial Partners.
Kestra hires Kara Murphy as CIO
The former executive at Goldman Sachs and AIG will head the firm's new investment effort, Kestra Investment Management.
Indie adviser managing $800 million moves to LPL from Kestra
Kip Adams and his team in Fort Worth, Texas, serve as the retirement and private wealth leaders for Gus Bates Insurance & Investments.
Team with $583 million joins SagePoint from Kestra
Charles Stephen, an Albuquerque, New Mexico-based firm with four advisers, will affiliate through super-OSJ AmeriFlex.
IBDs saw decent year in 2020 wirehouse recruiting
Independent broker-dealers saw gains in recruiting coveted wirehouse advisers despite the massive disruptions caused by COVID-19. Firms are also building out registered investment advisory platforms to lure advisers.
Florida indie managing $400 million hops to LPL from Kestra
Six-adviser FDR Financial has offices in Boca Raton and Hollywood
Kestra unit acquires $500 million RIA
Bedell Frazier will become part of Bluespring Wealth Partners
