Industry

Parthenon has tapped Larry Miles, former CEO of Freestone and former principal at AdvicePeriod, to lead RSM's wealth management business, which will be renamed Choreo.

More than 60% of respondents to a newly-released DeVoe & Company survey expected acquisition activity to continue to climb in 2022, topping 2021's record-breaking year.

Elite Financial Network, a Huntington Beach, Calif.-based large OSJ with about $1 billion in assets and 30 advisors, joins LPL from Securities America.

MAI Managing Partner Rick Buoncore discusses the deals, as well as his plans to build out new trust services and 401(k) verticals at his firm.

New study shows BIPOC need for financial advisors.

The 15-year lease is for roughly 400,000 square feet at Park Avenue Plaza, at 55 E. 52nd St.

The firm has offices in Chicago and Downers Grove, Ill., serves more than 800 clients around the country, and is the latest example of large, $1 billion-plus RIAs coming into the market as acquisition targets.

The agreement would resolve claims over two security breaches that compromised personal information of 15 million current and former clients.

The team joined Private Wealth Asset Management several weeks after two other advisors left Wells Fargo to head a new division at the RIA specializing in clients’ real estate and energy needs.

When the wind of change blows, some build walls, while others build windmills.