Hightower

The RIA grabs an UHNW firm with trust services in a lucrative market while also targeting midsized firms.

The RIA boosts its platform, loses top execs and faces wary advisors.

These young planners share a commitment to hard work, but have deployed very different tactics in building their practices.

Advisors such as Greg Hersch have long found professional fulfillment by leaving wirehouses to start their own firms. But will they soon find that path cut off?

The move marks the firm's second hire in the past week.

Consolidators are doubling and tripling RIAs' five-year performance.

Nearly two dozen mega teams switched employers, but few went to a wirehouse.

Breakaway uncertainty is forcing the RIA to re-evaluate its growth strategies.

The wirehouses have lost teams overseeing more than $12 billion in client assets over the past month, according to recent hiring announcements.