3+ day, 2+ 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…...

4+ day, 21+ 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…...

5+ day, 22+ hour ago   (490+ words) Prime Capital Financial has opened a dedicated endowments and foundations practice, hiring Mark Hays away from Glenmede to serve as its president. "Endowments and foundations deserve a true partner who can match institutional-caliber expertise with real personal attention, and we've…...

1+ week, 4+ 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   (862+ words) Three wealth management firms have announced the addition of breakaway advisor teams collectively overseeing more than $945 million in client assets. Advisors Ryan Lewis, Dan Hocking and Steve Braatz have affiliated with Linsco by LPL Financial, LPL Financial's employee-model channel, to…...

2+ week, 4+ 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…...

2+ week, 4+ day ago   (570+ words) The platform opened to Kovack advisors on August 10 and was introduced through a live demonstration hosted by the firm's practice management team on August 18. Additional advisors will be added across the network in the coming weeks. The KFN Succession Center…...

2+ week, 4+ day ago   (555+ words) Vanguard has agreed to acquire Altruist, the venture-backed technology and custody platform built for registered investment advisors, the two companies announced Wednesday. The deal marks one of the most significant consolidations in advisor technology this year, bringing together the country's…...

2+ week, 4+ day ago   (565+ words) Two of the industry's largest independent broker-dealers announced advisor recruitment wins this week, with LPL Financial and Raymond James Financial Services together adding practices overseeing approximately $470 million in client assets. Pat Gilbert and James Gilbert, the father-son duo behind Preferred…...

2+ week, 6+ day ago   (552+ words) With the continuing challenges of bringing new advisors into the wealth management and advisory industry, firms are seeking new ways to engage. The program, called Gateway Elevate for Next Gen Advisors leverages an exclusive partnership with Joe Lukacs, a veteran…...