Industry

Incentives given to commercial bankers to work with and refer business to wealth managers are critical.

With the combination, Orion can offer an all-in-one technology solution to advisors.

Missed opportunities for wealth transfers, an unregistered advisor charged with fraud, preventing elder abuse, and a FINRA expulsion, among other wealth management news this week.

Raymond James, Ameriprise, Stifel, LPL and Creative Planning added advisors or made acquisitions this week.

After ending 2021 with record results, 2022’s first quarter was full of ups and downs.

Regional ties such as being fans of the Buffalo Bills and Sabres led to the deal, which is being backed by the family office of the teams’ owners.

The enterprise left Kestra for Triad Advisors as part of the largest recruiting addition to the independent wealth manager in years.

Mercer, Creative Planning and others made acquisitions. LPL, Ameriprise and Sanctuary, among others, added teams to their ranks.

The wirehouse wealth head told SIFMA conference attendees to simplify clients’ lives, keep them on track and watch their backs; advisors say the pandemic and world events have brought a changed culture.

The firm expects global wealth to rise to 30% of new capital raised in the years ahead, up from 5% last year.