Firm sees new way to cut the middleman, product fees for clients while capturing top investment ideas.
The practice is growing quickly even beyond wirehouses, but some are concerned about the risks and conflicts of interest.
Legacy Wealth includes two partners who formerly worked at Gibralter Private Bank and Trust of Coral Gables, Fla.
BEAM Asset Management brings over 32 advisers and $6.5 million in revenue.
Ron DeCicco expects the RIA channel to continue growing while regulatory pressures and higher expenses weigh down broker-dealers.
CEO Tomczyk says time is now to prepare for end of global fiscal stimulus.
Says New York REIT has too much executive and board overlap with AR Capital.
The top of <i>InvestmentNews'</i> annual ranking of fee-only RIAs features traditional firms that collectively pose a threat to the largest brokerages.</br><b><i>(Plus: <a href="http://www.investmentnews.com/section/specialreport/20150531/RIA201505" target="_blank">Our full RIA Rundown 2015 special report</a>)</b></i>
Share of wealth held by millionaires rose 16%, driven by strong performance of equities, report finds.
The Bahnsen Group, which brought in $5 million in annual revenue last year, joins in Newport Beach, Calif.
Independent brokers and investment advisers will no longer have to pay a $200 per-person yearly tax.
After acquiring several investment advisers over the past decade, Stancorp decided to sell its private client group.
Newcomer hires $120 million team in a rare move between roll up and service provider
Regulatory and legal strictures have made the environment for RIA startups overwhelmingly hostile &mdash; not to mention expensive.
Fidelity is teaming up with RIA FirstPoint Financial to make it easier for advisers who custody assets on its platform to offload unwanted clients.
Private-sector wages have grown at a 2% clip for the past five years, but how did advisers fare?
NAPFA members debate which pay structures resolve conflicts and other concerns.
Breaking down how password managers actually work, plus details on three good options for advisers to consider
Some of the biggest adviser moves in 3Q were teams who left wirehouses to join firms that offered company shares for those willing to take the risk. <i>Plus:</i> Check out <i>IN</i>'s <a href="http://data.investmentnews.com/aotm/" target="_blank">Advisers on the Move database</a>.
D.B. Root & Co. had been an affiliate since 1997.
