Industry News
Industry News
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As the fee-based financial planning network adds more members and rolls out new services, some members raised questions about its ongoing business strategy.
September 11 -
The independent broker-dealer has launched subsidiary Bluespring Wealth Partners, which promptly snapped up two practices with $550 million in client assets.
September 11 -
Interest in acquiring advisory firms appears to be at an all-time high.
September 9 -
“We are looking at those issues about consolidation as one part of the equation,” Chief Executive Officer Sergio Ermotti said.
September 6 -
Buyers compete fiercely for available firms even as they assert pricing is not out of hand.
September 5 -
Tiedemann Advisors is expanding outside the U.S. for the first time to better serve the cross-border needs of its high-net-worth clients.
September 3 -
The aggregator’s $300 billion-plus institutional retirement business is an advantage in a competitive market.
August 26 -
The deal will accelerate the firm’s digital-heavy client strategy, CEO Andy Rachleff said.
August 22 -
HighTower adds a nearly $1 billion RIA to its growing roster.
August 22 -
CEO Jamie Price unveiled a three-part “advisor appreciation program” after Reverence Capital closed on a majority stake of the IBD network.
August 20 -
President Adam Antoniades cites record expansion for the year, but the IBD network faces challenges related to recruiting and debt levels.
August 19 -
Too often succession plans tend to be all-or-nothing. There are better ways.
August 19 -
The deal comes amid a flurry of similar digital investment acquisitions made by competing banks.
August 16 -
The industry’s most active aggregator makes its sixth purchase of the year.
August 15 -
Bleakley Financial has recruited advisors with $750 million in client assets since January 2018 alongside LPL’s substantial recent grabs.
August 15 -
Soaring demand for loans has spurred DeVoe & Co. to launch a referral service.
August 15 -
Newday’s tools include content centered around clients’ issues of focus and, soon, a corn-based compostable debit card.
August 13 -
HD Vest's parent displayed the growth coming from the acquisition of its former rival.
August 9 -
The RIA holding company reports a 30% rise in revenues and 30 M&A deals.
August 8 -
If reached, the deal would precede a potential IPO of the $52 billion firm, which oversees asset allocations of domestic and offshore pension funds.
August 8



















