RIAs Already Spread Thin, Even as Clients Want More Services, Fidelity Finds
The firm’s RIA benchmarking survey revealed a drop in new client assets and identified an opportunity to be more ‘proactive’...
Tag: RIAs
Creative Planning Acquires Mesirow’s Retirement Advisory Business
The RIA adds $13 billion corporate plan services team soon after announcing a deal for Goldman’s personal finance unit.
Retirement Advisory M&A Persists Amid Overall Deal Decline
DeVoe’s Q3 M&A report shows overall dealmaking in the advisory space is trending toward a down year, with the retirement...
SageView’s Long: ‘Tremendous’ Consolidation Still to Come in Retirement, Wealth
The founder, former CEO and now chairman also says serving participants—in or out of plan—will be key to succeeding amid...
Carlyle Makes Growth Investment in CAPTRUST
Equity from Carlyle will be used to advance CAPTRUST’s M&A strategy in both wealth management and retirement, says CAPTRUST president.
SEC’s Risk Alert Worth Close Look Amid ‘Bevy’ of New Rules, Charges
Compliance experts point to the regulator’s focus on third-party providers and its marketing rule stringency in the recent exam notice.
Adviser Product Partnerships – 9/14/23
The Standard and NFP launch PEP solution; Flywire and Vestwell partner to streamline 529 college plan payments; CalSTRS and Sapphire...
Some Wealth Managers See Growth in Branching Out to Retirement Consulting
One of the commonly missed opportunities for growing a retirement or wealth advisory business is executive financial consulting, according to...
Advisory M&A
Cetera acquires tax-focused wealth manager Avantax for $1.2B; Investment Consulting Group joins Osaic; Hub International acquires assets of Dieffenbach Benefits...
Future Capital Inks Deal With Puerto Rico’s Banco Popular
Advisers and plan sponsors working with Banco Popular will have access to Future Capital’s 401(k) managed accounts and personalized savings...
Future Capital and Wealth Advisory TLG Partner On 401(k) Investment Management
Deal to connect 401(k) accounts to wealth advisory signals further push in retirement and wealth management convergence, says Future Capital...
Investors Nearing Retirement Seek Strong Support and Brand Familiarity, Cerulli Reports
Latest research found 45% of investors prefer an adviser affiliated with a national firm when they are nearing retirement.
Pontera Adds RIA Summit Financial to 401(k) Management Platform
Another financial investment advisory can now bring clients’ “held-away” retirement saving accounts under management.
Advisory M&A
Innovest adds Jansson as retirement plan consultant; Wealth Enhancements adds $341M First Capital Advisors; Latimer joins Steward Partners in Florida...
Retirement Industry People Moves
Newfront hires Sakata, Nelson to retirement services team; Bartlett joins Choreo as SVP of advisers; startup AdvisorCheck taps former RIA...
Investment Product and Service Launches
Nationwide and MassMutual team up on advisory annuities; Integrity launches AI-driven tech for agents and clients; NewEdge debuts investment platform...
Adviser Product Partnerships
RIA Burney gives Goldman Advisor Solutions another win; LPL advisers now have access to PreciseFP client engagement tools; Cetera adds...
Advisory M&A
LPL brings on $6.5B RIA; Sanctuary snags former UBS firm; Steward acquires Vantage Point from Merrill; and more.
Advisory M&A
Sequoia Financial adds $387M wealth manager; Pathstone adds Veritable to further focus on ultra-high-net-worth clients; and Savant Wealth buys combined...
Schwab: Financial Advisers Using Behavioral Finance Gain More in New Assets
Advisers also turned to personalized options such as direct indexing to stand out for clients.