Leo Kelly, the founder and CEO of Verdence Capital Advisors, discusses life after Merrill and the choice to “breakaway” twice: first by joining Hightower and 5 years later by launching an RIA.
RIAs are more likely to add a new custodial relationship than unwind an existing one, presenting an opportunity for emerging custodians to make inroads, according to a new Cerulli report.
The Examinations Division will continue to focus on ESG and look for firm policies that are 'reasonably designed' to comply with the SEC's marketing rule.
Regardless of the nature of the task you are looking to outsource, there will always be components that will remain the responsibility of your internal team.
Dave Dase, head of franchise relationships, will take over for Duran, who will still work with the firm on a new coordinated effort to bring Goldman’s capabilities across divisions to the RIA community.
Preparing to celebrate its 50th anniversary this year, MAI Capital Management has grown by at least 170% since 2017 while maintaining an impressive level of client service, adding capabilities and developing a strong acquisition model.
Wealth Management IQ and Discovery Data have compiled a list of RIAs that are experiencing outsized growth while keeping sight of their first priority: the client.
