The Raleigh, North Carolina-based aggregator has grown to $60 billion under management and $600 billion under advisement, and claims "no end in sight."
Flows into exchange-traded funds have been unprecedented this year, even against the backdrop of a record 2020. Despite market valuations and inflation threats, financial advisers are keeping the pedal to the metal.
The $250 billion RIA aggregator is adding Sonora Investment Management in Tucson, Arizona, and Collins Investment Group in Rockville, Maryland.
The deal adds to what is already a record-breaking pace of consolidation in the RIA space, with 100 deals announced in the first six months of 2021.
Seeing an opportunity to cater to an often-overlooked segment of potential clients, one adviser has made Generation X women her true calling.
There are now almost 14,000 RIAs registered with the SEC, and the number of clients they serve grew 17% in 2020, to 60.8 million
The Toronto-based aggregator's acquisition of $2.6 billion Radnor Financial Advisors keeps CI on pace for a deal a month in 2021.
Women Adviser Summit panelists say flexible work environments and instilling a sense of belonging are key.
AFI Wealth Strategies is based in Green Bay, Wisconsin, and serves 220 clients.
Advisers will be able to open most accounts in minutes, the company says.
Private equity owner Kohlberg Kravis Roberts is cashing out after Focus shares climb 65% from the firm's 2018 IPO.
Led by Tony Esses, the group based in Coral Gables, Florida, focuses on Argentinian investors.
Revenues have dropped sharply, by as much as 40%, at the broker-dealer over the past seven years as the industry moved away from commissions on alternative investments to recurring revenue from managed money products.
From pixie dust to private equity, myriad factors have contributed to the historic M&A surge in the space — with no end in sight.
Two deadlines are looming this summer for investment adviser representatives working in New York state related to the new regulation, which will allow potential clients to more easily review advisers' backgrounds.
Citing a robust pipeline of potential deals, the aggregator raised its debt level to $2.4 billion in order to stay active in the M&A space.
The deal with Financial Independence Group gives all of Carson’s advisers access to the same list of company-vetted products, including annuities, life insurance, long-term care insurance and disability insurance.
Founder Mark Cortazzo will stay on as part of Wealth Enhancement Group.
It's not clear what LPL thinks about Good Life Cos.' move and whether it has fully signed off on the firm adding Raymond James as a broker-dealer choice for its advisers.
Atlanta-based Stewardship Financial Advisors will be rebranded as Captrust; deal also gives Captrust access to Stewardship's estate planning law firm, which remains a separate entity.
