Focus Partners Wealth to Buy $4.2B RIA
By Dinah Wisenberg BrinThe deal with Seattle-based Merriman Wealth is the business unit's ninth acquisition over the past year.
January 17, 2025
RIAs’ Market Optimism Ticks Up: SurveyYet 48% still see a moderate or high likelihood of recession within a year, Security Benefit found.
January 16, 2025
As Wire Fraud Claims Rise, Advisors May Find They Aren’t Properly InsuredAn advisory firm needs to protect itself to ensure that it isn’t on the hook for these liabilities.
January 16, 2025
AI Will Wipe Out 80% of Financial Planning Business, Advisor PredictsMega-firms will use data aggregation to swallow the middle market, Thomas Goodson says.
January 15, 2025
New RIA Platform Promises Better Compliance and Lower Advisor CostsFeatures of RIA Out of the Box include privileged legal services and ongoing startup support.
January 08, 2025
Ex-Merrill Wealth Head John Thiel Launches RIAThe firm, Indivisible Partners, is already adding a $640 million advisory practice in New York.
January 08, 2025
Fisher Investments Completes $3B Minority Stake SaleNew backers include Advent International and a wholly owned subsidiary of the Abu Dhabi Investment Authority.
January 02, 2025
RIA to Pay $115K Fine Over Custody Rule ViolationsDriftwood Advisors failed to timely distribute audited statements to investors in pooled vehicles it advised, the SEC states.