RIAs

Survey: RIAs and brokers clamor for more alternative investments

Derek Bruton, Trevor Norton named to run hybrid RIA business

Evercore also launched a new website Monday.

But several positive indicators point to a pickup in deals in 2010.

In an effort to add assets – and potentially to attract teams of advisors that are leaving large wirehouses – Bridgewater Wealth & Financial Management LLP has joined Focus Financial Partners LLC, a New York-based partnership of independent wealth management companies.

Fidelity Investments said it helped a record 191 broker teams go independent last year and one of its executives expects an even stronger 2010.

As earnings season gets into full swing, the market hits a wall of worry … comments from JP Morgan, Gluskin Sheff, T. Rowe Price. Plus: the week’s most important numbers.

Glenmede’s growth strategy is a little bit boring, but that is just the way the Philadelphia-based investment and wealth management company’s new chief executive officer likes it.

This is the latest in a growing list of Roth IRA conversion education tools offered by financial services companies.

The merger, effective Jan. 1, boosts the assets under management of the Seattle-based firm to more than $1 billion.