Industry News
Industry News
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Also, DayMark Wealth Partners sells a minority stake to Constellation Wealth Capital.
December 18 -
Founders Elissa Buie and Dave Yeske are leaving a legacy in the profession and at the firm under three successors taking over in 2026.
December 16 -
Charles Schwab CEO Rick Wurster, IRS CEO and Social Security Administration Commissioner Frank Bisignano and iCapital's Chief Investment Strategist Sonali Basak made the list — see who else did.
December 16 -
Michael Nathanson oversaw Focus Financial Partners as it reorganized into five internal hubs. Industry experts say the long overdue consolidation still has far to go.
December 15 -
Also, Independent Financial Partners secures a $700M team from Commonwealth/LPL, and NewEdge Capital names a new CEO.
December 11 -
This year, 60 RIAs made the cut. See the firms that advisors say excel in culture, leadership and the benefits that matter most.
December 11 -
Consolidation has been ongoing for more than a decade in wealth management, but it accelerated to unprecedented levels this year.
December 10 -
Also, Cresset extends its reach in Texas, Janney recruits from Wells Fargo and Ameriprise, Merrill draws from Wells Fargo and Mercer acquires a $1B firm.
December 4 -
RBC CEO David McKay discusses plans to provide more clients with banking relationships while the firm announces a reorganization of its U.S. wealth management division next year.
December 3 -
The fund manager, convicted of fraud by a New York federal jury in August 2024 and sentence to seven years, spent less than two weeks in prison before being released.
December 2 -
Preparation is everything: If clients are aware of the transition well in advance, experts say the risk is pretty low they'll leave the firm.
December 2 -
Funds that primarily hold select cryptocurrencies, including bitcoin, ether, XRP and solana will be allowed.
December 2 -
One of the most consequential M&A deals in years leads this roundup of the many ways big independent firms grew in 2025 and how they plan to continue growing in 2026.
November 28 -
Also, Raymond James lands a $420M father-son team from Edward Jones, Cetera recruits a $350M LPL duo, and Cambridge acquires a $1B AUM dual registrant.
November 26 -
Savant Wealth Management, Moneta Group Investment Advisors and EP Wealth Advisors lead a group of fee-only firms with headcounts well above their peers.
November 25 -
Experts say RIA owners often resist making themselves replaceable. But they'll have to choose between an internal or external deal someday.
November 24 -
LPL executives have said they're well on the way to retaining 90% of the client assets they're seeking to bring over from their recent purchase of Commonwealth. But advisor departures have ticked upward.
November 21 -
As CEO Sergio Ermotti says it's almost impossible for the firm's U.S. wealth management business to match rivals' profit margins, UBS seeks to help new and existing advisors sharpen their expertise.
November 20 -
Wells Fargo recruits a $543M JPMorgan team, Raymond James adds a $360M family practice and Beacon Pointe acquires a women-led RIA.
November 20 -
This year the top three firms in FP's exclusive study of RIAs that do not do any commission business manage nearly $120 billion combined.
November 19



















