Brent Brodeski’s Savant Sells Minority Stake to Private Equity Firm Kelso

Oct 07, 2021

Kelso joins private equity firm The Cynosure Group, along with Savant’s family office investors; CEO Brent Brodeski will retain full control of the $12 billion RIA.

Hightower’s Fairport Acquires $500M FMA Advisory

Oct 07, 2021

Fairport's deal to acquire FMA Advisory, facilitated by Hightower, will bring its total AUM to $3.9 billion.

Mindy Diamond on Independence: Third Gen UBS Breakaway Finds Sanctuary

Oct 07, 2021

A conversation with Tom Stadum, managing partner of Fjell Capital, about his transition from UBS to independence with Sanctuary Wealth.

New NASAA Model Rules Target Unpaid Arbitration Awards

Oct 06, 2021

If states adopt the rules, they could bring the hammer down on advisors and firms that shirk paying the fines.

Cathie Wood’s ARK Departs NYC in Shift to Florida Office

Oct 06, 2021

ARK is closing its New York office permanently at the end of October and relocating its corporate headquarters to St. Petersburg, Fla.

Mariner Acquires $250M Orlando Firm Vaughn Wealth Management

Oct 06, 2021

Mariner's latest deal expands its presence in Florida and marks the RIA’s seventh acquisition since July.

Mariner Acquires $250M Orlando Firm Vaughn Wealth Management

Oct 06, 2021

Mariner's latest deal expands its presence in Florida and marks the RIA’s seventh acquisition since July.

Three Factors Driving Wealth Management M&A in 2021

Oct 06, 2021

Teams, technology and taxes are behind the rising wave of deals, writes the president of Merit Financial Advisors.

Wealthies Circle Podcast: Tony Leal on the Past, Present and Future of Financial Planning

Oct 06, 2021

Envestnet MoneyGuide President Tony Leal discusses how 'embedded finance' will push the concept of financial planning far wider in the future—bringing both competition, and opportunity, to financial advisors.