Charles Paikert

As global wealth grows and client expectations rise, wealth managers need to develop sophisticated capabilities at once, a BCG report finds.

Joan Khoury's position will be eliminated and most marketing functions and all training teams will transition to a new Client Experience and Training group headed by Mimi Bock.

"The wealth creation cycle in Silicon Valley right now has produced many business opportunities which are keeping the entire office very busy," says the firms' new director of wealth management.

By snapping up a series of independent B-Ds in quick succession. the RCS Capital executive chairman has instantly made himself an industry player. He talks to Financial Planning about his plans.

Putterman says his new consulting firm, 1812 Park, is aimed at developing long-term strategies for wealth management companies.

Most of the new arrivals are employees of larger financial service companies, said president Scott Curtis, and about 25% are already independents.

The 'very, very conservative' company is looking for niche deals, not major acquisitions, said CEO Paul Reilly.

When plans for an external sale faltered, Quest Capital Management looked closer to home and found a better solution. Here's what the partners learned.

Formerly affiliated with MassMutual Financial Group, Joe Esposito and Keith Kiker will bring more than $150 million in client assets to Commonwealth.

Economic reality simply hasn't justified the rising rates usually associated with a growing economy, says a Schwab strategist.

Key performance indicators are becoming increasingly important as a way for owners of financial advisory firms to enhance the value of their business.

'The robo-advisors worry us,' said Rush Benton of CapTrust Financial Advisors at a panel on firm valuations.

Succession planning was the driving force behind the merger, according to principals for both firms.

Market Street will hardly be the only new kid on the block fighting for market share in New York.

As business owners prepare to sell, advisors have new opportunities for growth. Here's what you need to know.

Dynasty began to "unwind" its service agreement with Further Lane following SEC actions against the firm in late October 2013.

Douglas Cowgill, the firm's president and chief compliance officer, attempted to disguise the shortfall from SEC examiners by entering a fake trade in the firm's account records, according to the SEC complaint.

'If the goal is to maximize value, selling to an external buyer is always better,' says Pershing's Mark Tibergien. 'If the goal is based on commitments to clients and associates, selling internally is better.'

'The single most important driver of value by far is growth,' says Dan Seivert, CEO of Echelon Partners.

The value of advisory firms is now being driven by growth, cash flow and risks, says investment banker and consultant David DeVoe.