Industry

Looking ahead to the presidential election, advisors are evenly split on the near-term direction of the economy and the markets.

With this and its recently announced deal with Pegasus Partners, Lido’s total assets will grow to about $27 billion to $28 billion.

On his first earnings call, newly appointed chief executive Rich Steinmeier gave no new details on the recent leadership change but struck a forward-looking tone. He added that the firm’s success is not dependent on advisors’ relationship with the...

The Quarry Lake Group is the second announced team moving from the wirehouse to RBC Wealth Management this week.

Chief Executive Officer Larry Fink has moved aggressively to expand his firm’s footprint in private markets.

The combined firm will be based in Los Angeles. In 2022, Crescent Bay received a minority investment from Merchant Investment Management.

UBS is the biggest global wealth manager but lags its peers in the U.S., where it has struggled to scale up the independent broker model it uses.

They cited performance, change in service levels and advisor moves as reasons they would switch today, according to a new Dynasty study.