C&J Wealth represents Modern Wealth’s ninth acquisition in the last 14 months and provides a foothold in the South.

The annual survey finds that only 46% of independent advisors strongly feel their firms are moving in the right direction, an 8% drop year over year.

Spotswood, who has led day-to-day operations of RFG for the past nine years, succeeds founder Bobby White, who moves into an executive chairman role.

But the pace of declines is beginning to slow down as many passive funds are already charging only a few basis points.

The acquisition of Peak Financial Services represents WEG’s fourth Massachusetts location.

With this latest deal included, Coldstream has nearly doubled in size over the last three years without taking any outside capital.

Uptick Partners debuts with an Alabama-based team as its first breakaway. Its goal is to help non-protocol, captive advisors go independent.