Industry

A new report from industry recruiting firm Diamond Consultants shows the top trends in recruiting and deals for 2022, a year when things got intense in the last six months.

In addition to the major robo-advisory deal, this week's recap features new partnerships for Vestwell and Riskalyze, and a new leader at Advisor360°.

Despite some signals that deal volume is slowing down in 2023, acquirers say the expanding breadth of client needs is driving more consolidation.

Vince Fertitta, the president of Sanctuary Wealth, shared how the firm won over its most productive wirehouse breakaway team to date.

Following Don Plaus's retirement announcement last week, Merrill is moving around longtime veteran insiders to fill his role.

The RIA acquirer's private equity deal followed a year of sharply rising profits despite slumping stocks and bonds in 2022.

The LifeSync platform could help advisors bring in new clients who are close to existing clients, as well as win over new held-away assets.

In addition to voluminous recordkeeping, due diligence and expense, what constitutes a "covered function" may vary from firm to firm.

Two-thirds of small-business owners would rather get a mullet or remove a nest of angry bees than do their taxes. 

Don Plaus, a Merrill veteran who oversaw the Private Wealth advisors' expansion in Florida, came from a "modest background" but over a long career, rose to lead teams advising many of the world's richest people.