Blame it on volatile markets, a sluggish economic recovery, or uncertain prospects, but the pool of advisors who are willing to write bigger checks to support their practices appears to be topping out.
After two years of steady increases...
Another private equity firm has taken an interest in a wealth management business. Lee Equity Partners said today it would take publicly-held Edelman Financial Group private by paying $8.85 a share in cash, a deal that would value Edelman at...
Peter Dorsey, TD Ameritrade’s new managing director of institutional sales, has this tip for advisors: restrain the urge to tell potential clients what you know at the get-go.
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In the registered investment advisor world, multi-family offices are showing the strongest growth trends among high-net-worth investors, research released by Cerulli Associates shows. But it’s still a tough business, senior analyst Robert Testa...
Another veteran Merrill Lynch advisor has jumped ship for national RIA HighTower. Last Friday Charles S. Holt officially joined HighTower’s Pagnato-Karp Group in Reston, Va. as a HighTower partner and managing director.
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