WealthManagement Edge

Mark D. Cunningham said he joined with the RIA after seeking out a potential partner that would 'anchor on financial planning.'

Smaller accounts that may slip under the radar of endowment/foundation consultants often can be sizable for independent advisors.

Moving into a new stage of growth, the $33 billion, partner-owned RIA has created a digital app to 'seamlessly' connect clients—with their advisors and with each other.

In the SEC proposal, RIAs would not be allowed to outsource to third parties unless they meet certain new requirements; some say the rule would be an extra burden for smaller advisors.

The head of a non-profit executive sourcing firm will take over for outgoing CEO Geoffrey Brown as the NAPFA board seeks permanent replacement.

The RIA platform is on track to set a record after adding 17 teams and more than $3.5 billion in first three quarters of 2022.

The big players in RIA M&A may be putting on a good face. But debt-heavy acquirers are starting to feel the impacts of the market environment, and it isn’t pretty.

As a years-long record-breaking growth streak in M&A begins to slow, smaller RIAs are stepping up.

Private Advisor Group President Frank Smith will take over for Moore in January, in a planned succession for the 60-year-old CEO.