It’s advisable to keep a pragmatic and open mind to help avoid suppositions—particularly around valuation—that may impair your ability to effectively prepare for and execute an eventual sale.

SEC Commissioner Hester Peirce says the agency should put out more guidance before taking enforcement action on ESG and climate risk disclosure issues.

After some doubt, the SEC's final rule allowing client testimonials will go into effect May 4. "I’m sure there’ll be people who want to press it and hit the gas pedal."

The new head of marketing has taken over the responsibilities of former boss Abby Salameh, with plans to bring the growing marketing and advisor engagement teams closer together.   

It is the latest in a string of initiatives from the commission focused on climate risk, and some commissioners argued it would be 'prudent' to wait for the results of other ESG-related reviews.

For firm owners, transitioning out of the business can be difficult. Kestra subsidiary Bluespring has launched a program to help RIA principals through the post-acquisition phase.