WealthManagement Edge

Explosive growth in the advisor industry has strained ancillary services, especially in the custodial space.

The RIA intends to take a breather after onboarding TD Ameritrade and more than 10 new advisors in 2022.

The two banks will ease some of their remaining Covid-19 mitigation efforts after the Labor Day weekend.

At the moment, the market isn’t buying what CEO Kurt MacAlpine is selling.

The combined firm, operating under the Curo Private Wealth brand, oversees $460 million in assets and provides Bluespring with a D.C. hub that it can continue to build out.

NAPFA selected FP Transitions to build a custom ‘continuity partner matching’ program for members with vetted buyers, equity plans and valuation services.

The latest Focus tuck-in adds $140 million in AUM and expands Buckingham’s Northwest presence.

Mackie & Waller Wealth Management Group joins Sanctuary via Cape Rock Private Wealth in eastern Missouri.

The acquisition adds $830 million in AUM and a new retirement plan division with $489 million in AUA.

The two global alternative asset managers have doubled down on their efforts to bring their products to the RIA channel, with hopes that their three-tiered strategy will resonate in the marketplace.