The executive argues the firm’s ownership structure is giving it a leg up — rather than posing the issues for advisors decried by critics.

The need for scale is forcing a reassessment of M&A strategy.

The deal could grow Baird’s headcount by about 44%.

The partnership gives the world's largest asset manager access to a “growing but fragmented” set of RIAs, says an executive.

The firm has parted ways with its CEO Alex Friedman and launched a restructuring plan.

Industry pioneer Mark Hurley is out as Karl Heckenberg becomes the aggregator’s new CEO.

Mariner Wealth's and Mercer Advisors' deals for RIAs totaled over $3 billion in AUM in just two weeks.

Its purchase includes the manager’s mutual fund and ETF businesses.

Bob Oros is a leading candidate to head the RIA, but he, or any other successor, will be under “super pressure” from the firm’s owners.

The advisors retained from shuttering Broker Dealer Financial Services will add more than 80 advisors now able to tap into the buying firm’s offerings.