Boston Private Loses Two Advisors to Lido

Mar 11, 2021

Jeffrey Kaufman and John Tassone leave two months after SVB Financial agreed to buy Boston Private for $900 million.

CI Financial Acquires $2.5B Barrett Asset Management

Mar 11, 2021

This marks CI’s 15th deal since entering the U.S. RIA market in January 2020, bringing its total U.S. assets to about $50 billion.

Michael Kitces' #FASuccess Podcast: Sophia Bera on Working With Millennial Clients

Mar 11, 2021

Gen Y Planning's Sophia Bera details why she uses a one-page financial plan and an action checklist – not comprehensive financial planning software – to deliver ongoing financial planning value to her next-generation clientele.

Wells Fargo Ditches Abbot Downing Name for Ultra-Rich Clients

Mar 11, 2021

The company previously combined Abbot Downing and the private bank, which serves clients with assets of more than $2.5 million, under one leader.

Merchant Investment Management Takes Stake in M&A Matchmaker

Mar 11, 2021

The move reunites former United Capital acquisition executives Matt Brinker and Allen Darby.

Wall Street A-Listers Fled to Florida. Many Now Eye a Return

Mar 10, 2021

More Manhattanites relocated to Jersey City, Los Angeles, Philadelphia, Chicago and Hoboken, New Jersey, than they did to either Miami or Palm Beach.

French Asset Manager iM Global Partner to Acquire Litman Gregory

Mar 10, 2021

iM Global will use the asset management firm, which has about $4 billion in assets under management, as an extension of its distribution subsidiary, iM Global U.S., and plans to keep the wealth management unit independent.