RIAs

The California-based firm’s latest $1 billion RIA grab is just the start, its leaders say.

The hybrid LPL enterprise is purchasing a fee-only practice as part of its first foray into a major wealth management market.

A roundup of this week's news includes advisors on the move, acquisitions and new technology.

Joining an existing RIA has its appeal, whether as a final destination or as a way station on the path to full independence.

The wealth manager has opened more ways to affiliate with the firm by starting to tap M&A deals with a sizeable pipeline for more in the future.

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

The firm is the first service that makes it possible to gain exposure to cryptocurrency as part of a diversified portfolio with automation features.

The study, conducted between January and March 2021, contains self-reported data from firms that custody their assets with Schwab Advisor Services or TD Ameritrade.

The firm made several other changes to its executive leadership, including a new chief marketing officer.

The number of registered investment advisors in the Sunshine State is up 27% over the last 5 years.