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.

The firms dominate the space, but they face headwinds in a changing industry, Cerulli says.

Advisory firms need private equity capital, but problematic strings may be attached.

Speculation about the RIA's future is quelled with a $100 million investment from Thomas H. Lee Partners.

The sale of an asset management firm gives Mariner a capital source to buy RIAs. Lots of them.

Independent firms need capital, but some top executives question private equity's benefits.

The number of transactions is expected to increase over 20% from 2016.

Advisor Kevin Keith pointed to HighTower’s technological capabilities and a fiduciary culture in his decision to leave the wirehouse.

An acquisition may pivot on making sure the RIA's nearly 200 advisors stick around after a deal closes.

Michael Parker joins the regional firm as it ramps up recruiting efforts, netting a number of large wirehouse teams.

Regional brokerages and firms that assist breakaway advisors have been picking off top talent at the wirehouses.