Updated Sunday, April 20, 2014 as of 7:31 AM ET
10 Big Risks Facing New Cetera Parent
Expect to hear more from REIT king Nicholas Schorsch and RCS Capital, his growing IBD holding company.
Even as RCS is working to close its $1.15 billion deal to buy Cetera Financial Group, Schorsch has made it clear that more acquisitions are in the works. In fact, in an SEC filing last month, RCS revealed that it has already paid $1 million to a "potential acquisition target" for an exclusivity deal that ends this month (but may be extended for two more).   more »
More in High-Net-Worth
AUM drops 31% as more top brass depart, with parent SunTrust filling executive ranks with veterans of the bank. more »
For advisors to the wealthiest families, a new report suggests that it's not what you do that matters -- it's how you do it. more »
A new PriceMetrix study shows jump in assets & revenue, but highlights other worries for the industry. more »
Integrating online and in-person advisor experiences to keep up with the competition will be a critical priority for wealth managers, according to the report. more »
Structure relationships that factor in a variety of possible outcomes, a case study counsels. more »
After publishing our third annual RIA Leaders list, Financial Planning dove into the numbers to identify which of the top 100 actually have the wealthiest clientele. more »
'It's a landscape-changer for Lebenthal,' says one industry consultant. 'A team with a book like that can write their own ticket, and if they're successful at Lebenthal, they can attract other big teams.' more »
Firms in the self-serve channel that can "combine delivery mechanisms" will be a "smart bet" going forward," predicts Tiburon managing partner Chip Roame. more »
Over the next 12 - 18 months, the bank will introduce the U.S. version of the ultra-high-net wealth management program that its parent, BNP Paribas, rolled out in Europe and Asia. more »
"There's still an employee mentality, even if an advisor is the founder or principal of a firm," says Stratos CEO Jeff Concepcion. more »
Many clients don't know this area of expertise exists, but they know they need help with it, says Paul Pagnato, whose Pagnato-Karp Group works with UHNW families. Here's how advisors can help clients with family governance. more »
Family office execs report a rise in direct investments and so-called club deals as hedge funds fall out of favor. ''Families want to be in control," says one consultant. more »
The bank's Private Client Reserve unit hired new wealth management professionals in Washington State, Denver, Kansas City and Naples, Fla. more »
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Advisors on the Move: Cambridge Snags $500 Million Team

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