RIA News

Martine Lellis, who joined Mercer as chief talent officer in 2020, will serve as principal of M&A partner development, supporting Dave Barton, who continues to lead M&A across the firm.

Stich, who left digital custodian Entrustody in January, joins MarketCounsel this week as executive managing director and will take over a lot of the operational responsibilities from President and CEO Brian Hamburger.

The acquisition of Soudmark Wealth Management is Edelman’s first deal of 2024.

The debt is the “final piece” connecting CI to U.S. wealth management business Corient, CEO Kurt MacAlpine said on an earnings call.

At its inaugural investor forum for the RIA community, the firm presented its vision of playing a bigger role as an advisor to RIA practitioners.

The deal adds to AITi’s recent moves aimed at expanding its scale and entering new markets to serve UHNW clients.

The move will allow CEO and founder Paul Saganey to focus on coaching the firm’s advisors working with higher-net-worth clients.

McCartan, who became CMO at Hightower in July 2022, shared the “bittersweet update” that she had departed the firm, saying she was unsure but excited about her next opportunity.

The investments represent the highest reported position yet on spot bitcoin ETFs by an RIA.

Thomas Hofstetter and Daniel Baron will join the Ohio-based DayMark, a Dynasty Financial Partners member firm managing about $2.5 billion in assets.