The Practice: Staffing and recruiting

Your Lifeline to Breaking Away: A Compliance Checklist

September 27, 2021No Comments

A lot of preparation goes into launching a business as an independent financial advisor. Here’s a checklist to ensure that you’re ready to open your doors to clients.

Ex-Morgan Stanley FA Loses $4.3M Wrongful Termination Claim

September 27, 2021No Comments

Robert Patrick McCabe, Jr. claimed that he was wrongfully terminated and owed deferred compensation as well as millions in lost earnings and reputation damage.

RIA Consolidation? It's Just Getting Started: Execs

September 24, 2021No Comments

August was the third most-active month for both mergers & acquisition transactions and highest client asset volume since Fidelity Investments began tracking the data in 2016.

Citizens Shopping for Deals to Bulk Up Wealth Biz

September 24, 2021No Comments

The country’s fifth-largest regional bank by assets has come close to making several deals but walked away because of high prices, Bloomberg reports.

Wealth Firms Combine with SPAC to Form $54B Global Shop

September 24, 2021No Comments

After the close of the deal, expected in the first quarter of 2022, Alvarium Tiedemann’s common stock will become publicly traded on Nasdaq.

Employee-Owned Coldstream Merges with $463M RIA

September 24, 2021No Comments

The latest deal involves Rosenbaum Financial, which Coldstream says it completed without private equity funding.

Mariner Wealth Acquires $2.7B Wealth Mgmt Practice

September 24, 2021No Comments

The latest addition — the firm’s sixth since July— is FCG Advisors.

RIA Firms are Either Disruptors or Disrupted, No Middle Ground: Exec

September 23, 2021No Comments

Mergers and acquisitions will be crucial not just to compete but also to stay relevant, according to industry executives.

Merrill FAs Go Indie with Gryphon Financial Partners

September 23, 2021No Comments

Advisors Austin Altenburg and Katelyn Stanchfield have joined the firm.

More FAs Positive on RIA M&A Prospects

September 23, 2021No Comments

Many advisors and financial professionals believe mergers and acquisitions activity will pick up over the next 12 months.