RIA News

The move bolsters Beacon Pointe’s book of business in the Seattle metropolitan market.

Pistone Wealth Advisors brings $120 million in client assets from Beacon Financial Advisory.

The former Fidelity and Bluespring exec will serve on the board of directors at Parallel Advisors, a San Francisco-based RIA backed by private equity firm Golden Gate Capital.

Avior Wealth Management represents Constellation’s seventh deal since its inception, bringing its assets under management to about $110 billion.

The moves mark the latest examples of consolidation at the RIA aggregator; earlier this year, the firm merged The Colony Group with Buckingham Strategic Wealth.

Mercer built the Aspen Partners platform for qualified purchasers in conjunction with Opto Investments.

Salomon & Ludwin has filed a lawsuit against former employees who launched Founders Grove Wealth Partners, claiming they breached employment contracts and stole trade secrets.

“We see the broad RIA community as a very attractive client base for Goldman Sachs,” according to President and COO John E. Waldron.

GalwayPlus will be an “ecosystem” that links together businesses across Galway Holdings to better serve sports and entertainment clients.

Wealthcare Capital Partners aims “to meet the needs of select advisors interested in joining Wealthcare.” It has already recruited a Towson, Md.-based advisor with nearly $141 million in assets.