RIAs

Despite the benefits of independence, there is an added time, cost, liability and regulatory burden.

Robo startups are expected to reach $452 billion in AUM in five years, but incumbent firms will possess over $1 trillion in assets in the digital automated advice space.

Pershing CIO Ram Nagappan offers a framework to help advisors think about how to transform their businesses to digital.

From starting an RIA to joining an independent broker-dealer, there are myriad options for advisors seeking to go independent.

Betterment CEO Jon Stein says his firm is adding 1,000 accounts a week to the tune of about 94,000 with a total of $2.3 billion AUM. Over 30% of assets come from clients age 50 and up, he adds.

RIAs Barry Ritholtz, CIO of Ritholz Wealth Management and David Lyon, CEO of Main Street Financial and Oranj say they've incorporated digital tools into their business models -- partly at the behest of their clients.

More than two-thirds of brokerage and RIA executives say there aren't enough young advisors to go around, according to a Fidelity survey.

The Constellation deal underscores the importance of banks continuing to be major players in RIA mergers and acquisitions.

Firms seeking to cut a deal, whether buying or selling, need to understand these key considerations.

An advisor who oversaw $75 million in client assets left the wirehouse to join the super regional's independent channel.