RIA News

Most firms believe the M&A market will cool in the coming year but have high expectations for their own growth.

From intro to announcement, the transition to Kestra’s RIA acquirer was surprisingly easy, firm leaders said.

Two deals last week expanded Robertson Stephens' presence on both coasts while adding an additional $370 million in client assets.

Industry observers say signs indicate this was a strategic decision by Schwab to invest in the RIA space, as a way to diversify its revenue amid margin compression.

Private equity firm Abry Partners is also a new investor. Dynasty, abandoning plans to go public, said it is pulling its S-1 registration with the SEC.

Latest research from WMIQ and Pershing highlights how financial advisory firms are building teams to meet their own expectations for growth in 2023, despite the economic and market head winds.

The merger represents Hightower’s seventh deal this year and third merger it has facilitated between firms.

Fieldpoint Private exits the advisory business as Mercer acquires two firms this week and Mariner, Waverly and Kestra all add one.