Two deals last week expanded Robertson Stephens' presence on both coasts while adding an additional $370 million in client assets.

Industry observers say signs indicate this was a strategic decision by Schwab to invest in the RIA space, as a way to diversify its revenue amid margin compression.

Private equity firm Abry Partners is also a new investor. Dynasty, abandoning plans to go public, said it is pulling its S-1 registration with the SEC.

Latest research from WMIQ and Pershing highlights how financial advisory firms are building teams to meet their own expectations for growth in 2023, despite the economic and market head winds.

The merger represents Hightower’s seventh deal this year and third merger it has facilitated between firms.

Fieldpoint Private exits the advisory business as Mercer acquires two firms this week and Mariner, Waverly and Kestra all add one.

The financial services matchmaker and RIA investor are joining forces to provide succession seekers with more than just an introduction.

At the MarketCounsel Summit, executives with Advisor Growth Strategies questioned the certainty that rising interest rates will result in a cratering of M&A activity.