Hightower

The Chicago-based RIA giant is taking majority ownership in NEPC, a firm offering institutional research and new investing opportunities.

Both private equity-backed acquirers made deals to purchase billion-dollar advisory firms.

Securian's alleged tactics with departing managing partners highlight a troubling trend among firms claiming to offer flexibility and freedom.

CEO Michael Farr will also become Hightower’s new chief market strategist.

Merrill Lynch, Ameriprise Financial and Hightower Advisors are on the list for the 2021 Digital Wealth Management Impact Innovation Awards.

The private equity-backed wealth and 401(k) manager drew away an ex-Hightower team as part of its surging growth in the past year.

Despite a competitive fight among wealth managers for advisors, clients and industry AUM rankings, most practices are very small businesses — and some advisors want them to stay that way.

The troubled alts manager’s charges will trigger many more arbitration proceedings and potential regulatory cases, plaintiff attorneys say.

The private equity-backed RIA agreed to purchase its first firm of the year after being one of the most active acquirers in 2020.

The latest roundup of news in the IBD and RIA channels comes in a time of economic turmoil and big transactions.

The aggregator thinks it’s found a sweet spot sharing revenues with firms it acquires, says CEO Bob Oros.

The pandemic is prompting financial advisors to use video messages, webinars and even board games to connect with clients and prospects, Hightower Chief Marketing Officer Abby Salameh says in an episode of Financial Planning’s Podcast.

Where some see unacceptable risk, others are eyeing bargain airplane tickets.

Since selling a majority of his firm to HighTower, John Egan's AUM has soared 50% and he’s lost 15 pounds. Will other advisors reap benefits from similar deals?

HighTower adds a nearly $1 billion RIA to its growing roster.

The RIA is the largest firm to depart the protocol in more than a year and a half.

With an eye on a future sale, the $48B RIA wants to build enterprise value.

The former CEO of HD Vest left the firm three months earlier than he originally anticipated.

Bob Oros is a leading candidate to head the RIA, but he, or any other successor, will be under “super pressure” from the firm’s owners.