But it will also bring the growth of thousands of RIAs, said Pershing’s Mark Tibergien, speaking at the MarketCounsel Summit.

'I’ve gone through several mergers in the financial services industry, and I want to be prepared for what the options could be,' said Sam Dedio, an RIA managing $7 million in client assets.

The firm will acquire Western International Securities, adding 400 advisors and a new affiliation model.

Fiduciary Network exits its investment in Pathstone, as the private equity firm takes a significant stake in the RIA.

The team will run Snowden Lane's 11th office location out of Chicago.

KMS has recruited $600 million in assets since the beginning of the summer.

David Darst, the well-known investment strategist and Morgan Stanley veteran on joining Houston-based Americana Partners, his family's connection to The Alamo and why now is a time for investors to keep some cash on hand.

The CEO of HighTower "simplified the playbook" at the firm—in January 2018, the firm owned 23% of the revenue, leaving 77% at risk of attrition. Now, it owns 91%.

LourdMurray’s simultaneous deal with Delphi and HighTower may be the way future mergers in the RIA space develop.