RIA News

The transaction, in which the acquirers will invest at least $2.5 billion, values closely held Fisher at $12.75 billion.

The former Key Client Group has 10 financial professionals across the country and establishes footholds for Summit Trail in Portland, Ore. and Denver.

Denver-based SRS Capital Advisors is the latest RIA to join under Arax’s multi-boutique strategy.

SRM Private Wealth represents the 11th team to join Summit this year. It will use Goldman Sachs for custody.

The acquisition of Shore Morgan Young, an RIA with over $615 million in client assets, gives Lido a foothold in the Silicon Heartland.

Merchant expects to double its network of RIAs over the next two to three years, as it continues to expand globally.

The firm is acquiring the Michigan-based Connable Group, one of the country's oldest family offices.

Former employees of Salomon & Ludwin claim they were under the protections of the Broker Protocol when they departed; they also cited concerns about the RIA’s culture and poor communication.

Michelle Gruber and Alex Markowitz are co-founding Alteri Wealth, operating out of Westlake Village. The firm will custody with Schwab.