Hightower

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.