WealthManagement Edge

The former Fidelity and Bluespring exec will serve on the board of directors at Parallel Advisors, a San Francisco-based RIA backed by private equity firm Golden Gate Capital.

Avior Wealth Management represents Constellation’s seventh deal since its inception, bringing its assets under management to about $110 billion.

Suggestions on how RPAs and RIAs can navigate it via the words of Tao.

The moves mark the latest examples of consolidation at the RIA aggregator; earlier this year, the firm merged The Colony Group with Buckingham Strategic Wealth.

Mercer built the Aspen Partners platform for qualified purchasers in conjunction with Opto Investments.

How does the RIA industry justify acquisitions with high-flying multiples while net organic growth stagnates?

Also, PureFacts Financial Solutions selects BridgeFT’s WealthTech API and MyRepChat founder Derrick Girard joins AdvisorNet Financial as chief growth officer.

Bridget Venus Grimes, founder of WealthChoice and co-founder of Equita Financial Network, explains how her $90 million AUM firm uses its tech stack to help women tech workers, attorneys, founders and business owners navigate financial challenges.

Salomon & Ludwin has filed a lawsuit against former employees who launched Founders Grove Wealth Partners, claiming they breached employment contracts and stole trade secrets.