Mississippi-based WealthPartners sought the sale to support growth and education after 12 years on the Kestra Financial platform.

Available capital will support 'flood' of recruits in new year.

Based in Little Rock, Gutierrez Wealth Advisory principals oversaw nearly $1 billion at the wirehouse.

Focus CEO Rudy Adolf says the firm is well positioned to take advantage of a larger trend, where M&A activity is stronger among small and mid-sized RIAs.

Choreo, the Parthenon Capital–backed RIA created earlier this year from the liftout of RSM's wealth business, is acquiring Enso Wealth Management in its first deal since becoming a stand-alone company.

As RIA custodians Schwab and TD Ameritrade come together, advisors want to know what to expect.

Mark D. Cunningham said he joined with the RIA after seeking out a potential partner that would 'anchor on financial planning.'

Moving into a new stage of growth, the $33 billion, partner-owned RIA has created a digital app to 'seamlessly' connect clients—with their advisors and with each other.

In the SEC proposal, RIAs would not be allowed to outsource to third parties unless they meet certain new requirements; some say the rule would be an extra burden for smaller advisors.