The various ways advisors can scale their businesses were on display during several panels and sessions…
Tag: M&A
Savant Wealth Management acquires PrairieView Partners
Registered investment advisor Savant Wealth Management acquired PrairieView Partners, a St. Paul, Minnesota-based, CPA-led RIA, effective…
IBD Elite 2025: Fastest growing independent brokerages
In a year of substantial growth for the independent brokerage channel of wealth management, these 10…
IBD Elite 2025: The 15 largest independent brokerages
The largest independent brokerages reaped the benefits of rising asset values and consolidation last year. Those…
Steward Partners acquires $481M AUM Longbridge
New York City-based wealth manager Steward Partners has acquired Longbridge Wealth Advisors, a firm with $481…
How geography ties into wealth management growth
The role of geography in potential business opportunities for financial advisors can be hard to calculate…
How EBITDA multiples are misleading RIA sellers in wealth
Marc Schechter says it was right about the time the RIA he ran hit $1 billion…
LPL CEO not surprised by Commonwealth departures
Just a day before his firm’s completed purchase of Commonwealth Financial Network, LPL CEO Rich Steinmeier…
American College, RISR team up on business succession clients
Years ago, the owner of a small insurance firm that was about to change hands came…
Morgan Stanley open to acquisition deals
Morgan Stanley CEO Ted Pick told analysts Wednesday his firm is looking at acquisitions for its…
3 fintech trends that could signal sector downturn
With half of 2025 in the books, I’ve found myself having oddly similar conversations with RIA…
Pershing revenue rose in q2 due to asset appreciation
One of the industry’s largest clearing and custody firms suffered an outflow of $10 billion in…
RIA industry snapshot displays growth of wealth management
Registered investment advisory firms topped previous records in many key business metrics in 2024, with assets…
Edward Jones gains tax expertise for UMAs with Natixis deal
In the past, when Edward Jones advisors wanted to know how selling stock in clients’ accounts…
Atria layoffs shed light on LPL’s M&A strategies
Even as LPL commits to keeping Commonwealth Financial Network mostly intact after buying it later this…
Commonwealth recruits big team ahead of LPL purchase
Commonwealth Financial Network’s looming acquisition by LPL Financial isn’t halting its recruiting engines, as evidenced this…
Financial advisors express doubts about giant RIA rollups
Competitive threats are lurking beneath the surface of the dominant industry headlines about the massive growth…
Osaic to buy fee-only RIA CW Advisors
Fresh off consolidating eight previously acquired broker-dealers under its brand, Osaic is embarking on its biggest…
Simon Quick Advisors stays free of PE with latest deal
Chris Moore of Simon Quick Advisors doesn’t think there’s necessarily anything wrong with accepting private equity…
Judge sentences advisor who sold to WEG in fraud case
A disgraced investment advisor who sold her practice to Wealth Enhancement Group before becoming the subject…
Is scale a necessary evil in wealth management?
What do Morgan Stanley, Schwab, Edward Jones and Creative Planning have in common? Louis Diamond is…