Fifty-eight percent of RIAs expected the S&P 500 to gain ground, compared with 46% who felt that way in January.
Placemark Investments new United Capital relationship is its second significant deal in the RIA space.
In the past two years, 53% of registered investment advisers bought or considered buying another advisory firm.
Focus Financial has acquired Wespac, an Oakland, Calif.-based RIA and benefits administrator.
Clients would have to have a net worth of at least $1.5 million for investment advisers to charge them performance fees.
This year through April, just seven deals for RIAs were struck, in contrast to last year, when 58 deals were struck.
This year through April, just seven deals for RIAs were struck, in contrast to last year, when there were 58 deals.
Fidelity Investments is about to unveil a program intended for brokers who are also investment advisers.
Firms with less than $500 million in assets under management have been most affected, said David DeVoe, senior director of mergers and acquisitions for Schwab Institutional in San Francisco.
Christopher Poch will run the private trust group at the firm.
Texas Tech University's financial planning department to honor J. Thomas Bradley Jr. as “Visionary of the Year.”
Twenty-eight percent of the RIA firms surveyed have experienced growth of more than 100%.
Judson P. Doherty will be responsible for the delivery of PMFM’s 401k Toolbox service.
The wealth-management firm will launch an open-architecture platform with O.N. Investment Management Co.
Investors Capital Advisory Services, the registered investment adviser of Investors Capital Holdings, has formed a strategic partnership with Biondo Investment Advisors, an institutional money manager.
Under the program, RIAs working with Fidelity will have access to affordable medical, dental and vision insurance.
The portal gives advisers access to fund attribution analysis, portfolio commentaries, portfolio holdings analysis, and sector/security attribution.
Pershing has added Calamos Asset Management to its FundVest no-transaction-fee mutual fund platform.
RIA firms racked up $1.4 trillion in assets this year, compared to $950 billion in assets in 2005.
The Oregon College Savings Plan will combine principal protection with upside potential.
