RIAs

“This is not an easy business,” Carson told an audience on Thursday of over 500 advisors at the 24th Peak Excell Meeting. “It is a rewarding but difficult business … and we have to constantly reinvest and reinvent.”

In five years, Stratos Wealth Partners has grown from a glimmer of an idea to a firm with 130 advisors nationally and over $6 billion in assets under management. The secret to its success: a hybrid RIA model.

The platform, eSavant Advisor, which was introduced Monday, caters to clients with at least $50,000 in investable assets.

The financial services industry needs a major makeover, Sallie Krawcheck said at an industry conference Friday.

Independent broker-dealers and RIAs have the edge over wirehouses when it comes to adding mutual fund assets under management, according to Access Data and Strategic Insight.

LPL Financial added Ingham Retirement Group to its broker-dealer and RIA custodial platforms.

The number of deals for RIA firms jumped in the first quarter, according to new research from Schwab Advisor Services. But transaction value was lower than at any point in the last year.

A dearth of suitable candidates is putting a strain on growing firms - and sharply boosting the price tag for top advisors.

Trust Company of America is expanding its Advisor Pathways program by partnering with RIA in a Box.

RIA firms can learn from the smart decisions and big mistakes made by Sierra Investment Management of Los Angeles.