RIA News

“It’s not really a matter of if; it’s a matter of when Sanctuary is more acquisitive in the marketplace,” said Sanctuary CEO Adam Malamed.

Joe Duran has named Terri Kallsen, former WEG and Schwab executive, as managing partner and senior operating advisor at Rise Growth Partners.

The four-member Bridgeline Wealth Partners is the latest to join Rockefeller Global Family Office.

The latest defections include three advisors and an analyst who joined Kestra’s Private Wealth Services unit.

Steward Partners adds the first team to its IAR-only channel, Allworth Financial names a new CEO and other news from Wealth Enhancement Group, EP Wealth Advisors, Kestra PWS, Gaddis Premier Wealth Advisors and Pitcairn.

Quotient Wealth Partners, a new RIA created by Goldman PFM defectors, adds more advisors, as does Meridian and Advisors Capital.

Lumature Wealth Partners, with $700 million in client assets, has left Raymond James to go independent with the newly restructured Concurrent.

The third quarter was also characterized by large direct investments, showing private equity interest is still strong.

One Arizona team has launched their own firm with the support of Dynamic Wealth Advisors, while three other advisors have joined Meridian Wealth Management.

SpirePoint Private Client has selected Goldman Sachs Advisor Services as their primary custodian, becoming the first GSAS transition on the tru platform.