Industry

Armed with information and generally more socially conscious than previous generations, many of today’s investors are searching for financial advisors who can execute their vision. 

Schwab admitted it is providing advisors with poor service lately, but its ongoing integration with TDAI isn't to blame, it said.

After a white-hot 2020, M&A experts believe we still haven’t reached a peak; many expect deal structures to evolve and new buyers to find the market in the coming months.

Here are the breakaways, mergers and acquisitions announced the week of Jan. 18, 2021.

Summit Growth Partners will be a sort of velvet rope model, providing advisors with access to Summit’s services at a discount and upfront capital in exchange for a minority equity stake.

Los Angeles-based Lido Advisors added approximately $2 billion in new assets in 2020.

Mercer's purchase of Hart Capital Management represents the sixth deal the large RIA has announced this month.

Morgan Stanley’s wealth management client assets were nearly $4 trillion at the end of the fourth quarter 2020, up 48% year over year, according to an earnings report.

Advisors Michael Brown and Brian Flynn have left Magnus and teamed up with practice management coach Penny Phillips to create Journey Strategic Wealth, a new spin on the aggregator model.