1+ day, 23+ hour ago   (592+ words) Seven in ten wealthy Americans say their financial advisor has never asked to manage a larger share of their assets despite 95% of advisors saying they actively try to consolidate client assets. SEI Investments Company surveyed 518 financial advisors and 302 high-net-worth investors…...

2+ day, 1+ hour ago   (536+ words) Chicago-based Arete Wealth, Inc. has moved to formalize its capital markets ambitions, launching a standalone investment banking division and tapping a two-decade veteran of the sector to run it. The new unit, Arete Capital Partners, will operate as a dedicated…...

3+ day, 19+ hour ago   (499+ words) Edelman Financial Engines is doubling down on its retirement planing focus with a new program for small and mid-sized employers are ready to outsource the fiduciary burden of being a plan sponsor. On Wednesday, the firm unveiled a new integrated…...

4+ day, 21+ hour ago   (527+ words) &Partners, the fast-scaling hybrid RIA firm with a focus on wirehouse breakaways, has selected Wealth.com as its enterprise-wide estate planning solution, giving more than 100 advisors access to a single, standardized planning system. The rollout, which began in August and…...

1+ week, 3+ day ago   (639+ words) Savant Wealth Management has added its third New York office, extending a run of dealmaking that by at least one measure has already made it the most acquisitive RIA in the country this year. The Rockford, Illinois-based firm announced it…...

1+ week, 4+ day ago   (656+ words) The wave of RIA consolidation showed no sign of slowing this week, as Sequoia Financial Group and Allworth Financial each announced new acquisitions that collectively added nearly $3.3 billion in client assets and pushed one firm past a significant milestone. Sequoia…...

1+ week, 4+ day ago   (373+ words) Wealth Enhancement Group has acquired the investment advisory business of Dickerson Jackson & Associates, a Glen Allen, Virginia-based hybrid RIA managing more than $376 million in client assets, deepening the Minneapolis-based consolidator's presence in the state beyond its existing office in Falls…...

2+ week, 1+ day ago   (612+ words) An arbitrator under the aegis of FINRA Dispute Resolution Services this week awarded Morgan Stanley close to $8.7 million to be paid by a former advisor at the firm who was found guilty of two counts of fraud related to a…...

2+ week, 3+ day ago   (465+ words) RIA deal volume fell slightly in the first half of this year compared to 2025, but total client assets involved in M&A transactions jumped 88% to $343 billion, according to Fidelity’s midyear report. Fidelity tracked 120 deals in the first half of this…...

2+ week, 3+ day ago   (614+ words) It's been a busy week for advisor movement as Cresset, Kestra Private Wealth Services, and Janney each welcome new advisors and teams along the East Coast. Cresset Capital, an independent, client- and employee-owned wealth management firm, is expanding into Boca…...