RIAs

Newly formed Orgel Wealth Management, with $4 billion in assets under management, is redefining the process of going independent.

Banyan Partners,the $4.3 billion Palm Beach Gardens, Fla.-based RIA, wants to hit $10 billion in assets in the next three years, establish a national brand and secure significant wallet share in both the high-net-worth and multifamily office markets.

Genworth Wealth Management, with $20 billion in assets under management, on Wednesday announced a long-anticipated name change.

After spending 13 months conducting “extensive due diligence research on the top 50 independent broker-dealers,” Householder Group decided that LPL, the nation’s largest independent broker-dealer, was best suited to support the firm’s “next chapter of growth.”

The company has a new deal with a Texas firm targeting ultrahigh-net-worth clients.

One planner says the strategy helps him connect with younger generations, avoid portfolio liabilities and improve transparency. Here are his suggestions.

After columnist (and startup RIA) Dave Grant discussed the challenges of having prospects say no, Chad Smith — an advisor at Financial Symmetry in Raleigh, N.C. — sympathized on Twitter.

A husband-and-wife planning firm and the CFP Board have traded jabs in court over whether the planners can seek damages in their lawsuit against the board.

Bob McCann, CEO of UBS Group Americas, says while independent channels are making in-roads and can't be ignored, the threat doesn't keep him awake at night.

Merrill Lynch's John Thiel predicts that in the not-too-distant future, RIAs will grow up to look just like their wirehouse competitors.