Merchant insists the noncontrolling investment is distinct from traditional private equity capital, which often comes with a short-term commitment.
Hiring is getting more competitive at every level of an advisory firm, and compensation alone won't allow firms to keep pace.
Robert Netzly has maintained his focus on biblically-based financial planning, while keeping his expectations low. The market is finding him.
Without saying 'I told you so,' advisers are reminding their clients that investing in crypto will be stomach churning.
As the next generation of investors comes on board, advisers are repeating the age-old mantra about not panicking in response to market swings.
The Tennessee-based firm has sold a minority stake to Merchant Investment Management, citing the need to build scale in the fast-consolidating wealth management industry.
Hefren-Tillotson will add 90 financial advisers working out of six Pittsburgh-area offices to the more than 1,300 advisers in Baird's private wealth management business.
Lenox Wealth Advisors became Wealthspire over the weekend, with Private Capital Group and Private Ocean the next firms under NFP's umbrella to see name changes.
Cerulli research shows mountains of wealth will be looking for a home over the next 20 years.
While private equity investors have an unquenchable thirst for wealth management, the public markets haven't always been kind to wealth management companies.
