Industry News
Industry News
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With over $700M in AUM, Next Capital Management is the firm's biggest addition this year.
April 18 -
The RIA's parent company is set to buy a very large adviser aggregator. If completed, it would be the biggest transaction of the year.
April 13 -
The RIA is negotiating to buy a portion of Wealth Trust. It may also be facing the loss of a second top executive.
April 7 -
How advisory firm owners can institutionalize their business — and command a higher multiple in the M&A market.
April 6 -
Here is how advisory firms should position themselves for acquisition.
April 6 -
The RIA aggregator's newest partner, Boston-based Lake Street Advisors, is its sixth in in New England and its second addition this year.
April 5 -
Exclusive: The personality-driven RIA, backed by private equity money, plans to 'move quickly' to make acquisitions in existing markets.
April 5 -
The firm's advisers and competitors are wondering about its next steps, and who will cash in. The answers will go a long way toward shaping the future of the independent channel.
March 28 -
RIAs are anxious to acquire assets, according to a new survey, and smaller firms are a prime target.
March 21 -
The former Aspiriant CEO joins DeVoe & Co. to launch a new transition service.
March 13 -
Mike Papedis oversaw RIA acquisitions, an increasingly important revenue source for the company.
March 10 -
The S&P 500 Media Index has surged 17% since Nov. 8, while short interest on an ETF tracking the stocks sits at the lowest in more than a year.
March 9 -
Two of its Royal Alliance firms form a $2.5 billion powerhouse.
March 8 -
The firm sold 100% of ownership interests in its asset management and family office units.
March 7 -
First Midwest Bank's acquisition of $550M Chicago-based RIA is the latest in a string of deals that banks are cutting with advisory firms to expand their wealth management businesses.
March 7 -
The insurer pays $4.7 billion, aiming to cut costs, improve earnings and attract new clients.
March 6 -
The two advisers went indie with Focus Financial, one of the country's biggest RIA aggregators.
March 1 -
The bank plans to acquire a Cincinnati insurance agency as part of an initiative to increase fee income and boost insurance services.
February 27 -
The layoffs are part of a shift of personnel to LPL Financial's South Carolina campus to cut costs and position the independent broker-dealer for future growth.
February 23 -
Over $1.7 billion per transaction changed hands in the fourth quarter, according to Charles Schwab.
February 23













