RIA News

Both Jennifer Staben and Tim Dowden claim the contracts they signed during their time at Edelman discourage individuals from working elsewhere, while Edelman accused one of the advisors of a “flagrant” breach of their deal.

Nesvold will work with all units of the bank that touch wealth management, including Emigrant Partners, where she'll serve as chair.

The nascent RIA adds three practices with a combined $150 million in AUM, as it bets on its subscription fee model and open architecture technology.

The funds approved by the $30 billion RIA platform include those from Fidelity, BlackRock, Bitwise and Franklin Templeton.

Corient reported during its quarterly earnings call that it is fully severed from parent company CI Financial in all but ownership and debt.

Meketa’s new RIA-focused private investment platform has a new capital partner, while Cetera and Snowden Lane both announced deals and SEIA hired a new head of wealth transfer.

Wintrust will move two businesses and 85 advisors to the LPL Institution Services platform from Wells Fargo.

The capital will be used to pursue organic and acquisition-based growth globally.

The RIA has brought on Gün Keresteci, former global head of finance at McKinsey.

The $1.5 billion firm launched its 1099 platform earlier this month after months of preparation. WhiteCliff Wealth Management CEO Robert Seiden is the first advisor to come on board.