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Wealth Industry Pershing reveal of 'Wove' kerfuffle during corporate restructuring last June raises questions about the No. 3 RIA custodian's direction; the task now lies with new RIA head Adam Vos ↗ Ainslee Simmonds is out, and 'Wove' with her, as the unit attempts re-set and new platform under BNY insert Adam Vos RIABiz · 02:36 UTC Wealth Industry RIA Edge 100: Pathstone’s Unusual Growth Engine Includes Skiing, Fly Fishing Trips ↗ CEO Matthew Fleissig attributes Pathstone’s growth to unconventional moves that range from widespread employee ownership to hosting backcountry ski trips with clients. WealthManagement.com · Oct/09 13:19 UTC Wealth Industry Five Things Every RIA Owner Must Know About Partner Buy-Ins ↗ Partner buy-in isn't just succession planning; it's a retention strategy, growth accelerator and legacy insurance policy rolled into one. WealthManagement.com · Oct/08 15:47 UTC Wealth Industry $5B Trilogy Lands Colorado-based RIA Specializing in Aviation Workers ↗ The Colorado-based RIA, founded by a former pilot, is Trilogy’s largest acquisition of the year. WealthManagement.com · Oct/08 15:13 UTC Wealth Industry XY Planning recruiting spikes as RIA M&A refugees flee rollups that dangle downer contracts ↗ Alan Moore and Michael Kitces are setting up solo XYPN shops at a booming, nearly two-a-day rate, and absolutely believe little RIAs have a 'scale' advantage, with nimble beating… RIABiz · Oct/08 15:03 UTC Wealth Industry The Diamond Podcast for Financial Advisors: The Wirehouse Talent Battle ↗ Wirehouse advisor movement accelerated sharply in the first half of 2026. Louis and Jason Diamond unpack the numbers, the forces driving them, and what they reveal about an… WealthManagement.com · Oct/08 13:18 UTC Wealth Industry Wirehouse departures are up. How firms can appeal to those advisors ↗ Cerulli Associates finds in a new survey that pay is, indeed, important to advisors changing firms. But it's not the top priority. Financial Planning · Oct/08 11:00 UTC Wealth Industry Wirehouses Lost 517 Advisors in First Half of 2026 ↗ But the headline numbers don’t capture the size of teams leaving the wirehouses and mask significant differences by firm, according to a Diamond Consultants report. WealthManagement.com · Oct/08 10:00 UTC Wealth Industry XY Planning recruiting spikes as RIA M&A refugees flee rollups that dangle downer contracts -- Amazon, Google, and Fidelity are the second set of X factors feeding the boom ↗ Alan Moore and Michael Kitces are setting up solo XYPN shops at a booming, nearly two-a-day rate, and absolutely believe little RIAs have a 'scale' advantage, with nimble beating… RIABiz · Oct/08 01:34 UTC Wealth Industry Merit Financial Snags 10th Commonwealth Advisor ↗ The Atlanta-based RIA acquired Moldenhauer & Associates, a New York wealth management practice overseeing $1.1 billion in client assets across nearly 1,900 households. WealthManagement.com · Oct/07 19:29 UTC Wealth Industry Focused on the Future: How RIA Leaders Can Prepare for Growth, Technology and AI with Stan Gregor ↗ Summit Financial's Stan Gregor discusses how the firm’s infrastructure, technology and cybersecurity prepared the firm for long-term growth. WealthManagement.com · Oct/07 16:26 UTC Wealth Industry With $74M in growth capital, can RQD boost its RIA custody business? ↗ While it isn't a household name in most U.S. wealth management circles, RQD* Clearing just drew a substantial growth investment on the basis of its international clearing… Financial Planning · Oct/06 20:52 UTC Wealth Industry Custodians, RIA Platforms Target Fidelity Clients on Heels of $100M Minimum ↗ RIA custodians such as Schwab, Axos and Betterment, as well as some RIA platforms, are reaching out to those advisors who may need to shift some or all of their assets off… WealthManagement.com · Oct/06 17:20 UTC Wealth Industry Schwab's Jon Beatty is one custody head offering a port in the storm after Fidelity unmoors its sub-$100M RIAs and Altruist's Jason Wenk , Apex's Bill Capuzzi and TradePMR's R. Scott Victoria are amon ↗ The head of Charles Schwab's $6-trillion RIA custody unit says his firm already serves 11,000 of these micro-practices -- 'not by accident' RIABiz · Oct/06 15:57 UTC Wealth Industry What ‘White Glove’ Means Today ↗ For ultra-high-net-worth clients, responsiveness is no longer the standard. It’s table stakes. WealthManagement.com · Oct/06 15:14 UTC Wealth Industry LPL Recruits $1.1B Team to its RIA Channel From Wells Fargo's FiNet ↗ Georgia-based Praxis Financial Partners brings four advisors and a support staff to LPL’s RIA platform after evaluating more than a dozen firms. WealthManagement.com · Oct/05 19:07 UTC Wealth Industry California RIA Perigon Sues Ex-Partner Who Launched Rival Firm ↗ Perigon says Bryce Brown formed Treasury West weeks after collecting the last of his seven-figure payout from a 2023 deal, then used confidential information to solicit clients.… AdvisorHub · Oct/02 17:03 UTC Wealth Industry How RIA sellers can avoid running out of runway ↗ Advisory practice sellers frequently wish they had taken more time for important strategic tasks before the deal, David Grau of Succession Resource Group says. He provided a list… Financial Planning · Oct/01 21:14 UTC Wealth Industry As the Bond Market Shudders, Wealth Management CIOs See Opportunity ↗ Rising yields have created attractive opportunities at shorter durations, and CIOs are taking advantage of not having to take on as much risk to generate income. WealthManagement.com · Oct/01 19:40 UTC Wealth Industry Fidelity to Raise RIA Custody Asset Minimum to $100M ↗ Advisors custodying with Fidelity with less than $100 million in client assets will have to depart by June 30, 2027, according to the firm. WealthManagement.com · Oct/01 18:18 UTC Wealth Industry Cerity Partners Adds $2B in Triple Deal ↗ The New York-based RIA brought Cornerstone Capital, Echo Wealth Management and Compass Wealth Management into the fold, expanding its presence in Silicon Valley, Minneapolis and… WealthManagement.com · Oct/01 18:00 UTC Wealth Industry Concurrent Makes First RIA Platform Acquisition With $5.4B Spire Investment Partners ↗ Concurrent’s RIA platform will gain 30 advisor teams through its deal to acquire Virginia-based Spire Investment Partners. WealthManagement.com · Oct/01 10:00 UTC Wealth Industry The False Positive Problem Wealth Managers Can’t Afford to Ignore ↗ AI fraud detection now hinges on data quality, not model sophistication, because fragmented data drives false positives that erode client trust. WealthManagement.com · Sep/30 20:30 UTC Wealth Industry How RIA consolidation and slow organic growth is changing compensation ↗ The trends of big profits, consolidation and slow organic growth are creating a lot of contradictions with the pay of financial advisors and other RIA staff members, according to… Financial Planning · Sep/29 20:25 UTC Wealth Industry Raymond James Launches Public/Private Model Portfolios for HNW Clients ↗ Private Wealth Guided Portfolios integrates traditional and alternative investments within risk-based portfolios for advisors serving high-net-worth and ultra-high-net-worth… WealthManagement.com · Sep/29 15:50 UTC Wealth Industry For RIA custody, Betterment's platform fees will begin at 0.20% ↗ Betterment Advisor Solutions, formerly Betterment for Advisors and Betterment Institutional, is changing its platform fees into a tiered rate that begins at 0.20% for advisory… Financial Planning · Sep/28 20:15 UTC Wealth Industry Why RIA M&A Deals Keep Getting Bigger, and What It Means for Your Firm ↗ Advisory businesses are becoming larger enterprises with professional management teams and specialized staff, driving bigger transactions beyond just capital influx. WealthManagement.com · Sep/28 20:03 UTC Wealth Industry Insurer and Wealth Manager HUB Rebrands Ahead of Planned IPO ↗ Hub’s rebrand aims to elevate its $207 billion workplace and individual wealth division in the marketplace, as well as its insurance and employee benefits services. WealthManagement.com · Sep/28 18:21 UTC Wealth Industry Q&A: Charlesbank's David Katz on Building RIA Institutions ↗ The private equity firm's managing director believes the next chapter for wealth management platforms will be about building cohesive units, rather than aggregating assets. WealthManagement.com · Sep/25 20:17 UTC Wealth Industry RIA Dealmaking Dips Almost 20%, Threatening Record Streak: DeVoe ↗ Third-quarter announcements trail last year’s pace The post RIA Dealmaking Dips Almost 20%, Threatening Record Streak: DeVoe appeared first on AdvisorHub . AdvisorHub · Sep/25 19:22 UTC Wealth Industry RIA deal momentum slows, threatening record-breaking run ↗ Valuation expert David DeVoe says he thinks the falling deal numbers are less of a reflection of waning demand and more of general economic concerns. Financial Planning · Sep/24 21:13 UTC Wealth Industry Building RIA internship programs that become top talent pipelines ↗ The days of a few firms hiring a summer intern with vague plans for them to perform menial tasks around the office may be finally coming to an end. Here's how experts say RIAs can… Financial Planning · Sep/24 18:28 UTC Wealth Industry RIA Edge Podcast: How Mission Wealth Scales Without Sacrificing Client Experience with Matt Adams ↗ Mission Wealth CEO Matt Adams shares how the RIA combines organic growth, referral programs, digital marketing and carefully selected mergers and integrations while maintaining a… WealthManagement.com · Sep/24 16:41 UTC Wealth Industry RIA M&A Activity Plummets 19% in Q3 ↗ Despite a record first half, uncertainty and market volatility caused advisors to delay sales, resulting in fewer transactions closing in the third quarter of 2026, according to… WealthManagement.com · Sep/24 16:00 UTC Wealth Industry Ask Your Wealth Management Concierge ↗ The new AI agent is built on proprietary technology and draws exclusively from a walled garden of Wealth Management's own content. WealthManagement.com · Sep/24 13:15 UTC Wealth Industry Fidelity Investments just cast a wider net for RIA custody revenues by backstopping Savvy Wealth's (expected mid-2027 ) custody launch -- hastened by the lean-in of 'multi-billion-AUM' RIA prospects, ↗ Savvy and Fidelity make a strong team to target Commonwealth assets, Savvy CEO says, because those advisors lived on Fidelity's clearing and can now attach as RIAs. RIABiz · Sep/24 04:16 UTC Wealth Industry Why potential RIA successors walk away — and how to keep them ↗ Succession planning experts say that the possible next generation of RIA owners need clear communication, tangible career paths and thoughtful compensation plans. But that is… Financial Planning · Sep/23 20:59 UTC Wealth Industry Wealth Services Firm Horizon Buys OCIO Provider ↗ The Charlotte-based wealth services firm completed its third acquisition in 18 months, adding OCIO expertise and services. WealthManagement.com · Sep/23 15:27 UTC Wealth Industry Market Brief: Meta’s New AI Agent Sends a Warning to Wealth Managers ↗ Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting a familiar problem The post Market Brief: Meta’s New AI… AdvisorHub · Sep/23 14:18 UTC Wealth Industry Captrust Adds $1.2B in Double Deal for Long Island Firms ↗ The Raleigh-based firm adds Compass Advisors and Long Island Wealth Management, bringing seven professionals and combined retirement and wealth advisory capabilities. WealthManagement.com · Sep/23 10:00 UTC Wealth Industry Schwab's poach of $8-billion Ameriprise breakaway extends its wild 2026 rout of the once impenetrable fortress to four $1-billion-plus teams with help from high-multiple market ↗ The Westlake, Texas custodial giant of $6 trillion helped launch Rise Private Wealth Management and is running the table against the $1.7-trillion Minneapolis brokerage -- as new… RIABiz · Sep/23 05:19 UTC Wealth Industry RIA buyers are getting more picky. Here's what they're looking for ↗ The latest Fidelity Investments M&A report displayed a trend that dealmakers had already been noticing: RIA buyers are getting more selective. But experts say sellers can still… Financial Planning · Sep/22 19:42 UTC Wealth Industry Verdence Capital Advisors Buys Hometown RIA With $564M ↗ The acquisition is Verdence’s second deal since gaining two new investors in April. The post Verdence Capital Advisors Buys Hometown RIA With $564M appeared first on AdvisorHub . AdvisorHub · Sep/22 18:34 UTC Wealth Industry RBC Snags BofA Private Bank Duo With $2 Billion in California ↗ Advisors Lisa M. Behun and Dirk J. Harris joined RBC on September 11 in La Jolla. The post RBC Snags BofA Private Bank Duo With $2 Billion in California appeared first on… AdvisorHub · Sep/22 17:33 UTC Wealth Industry First Horizon Wealth Management: Staying Dynamic in a Changing Market ↗ CIO Eric Teal discusses how the firm seeks to capitalize on growth opportunities without taking on excessive risk. WealthManagement.com · Sep/21 15:46 UTC Wealth Industry $4.3 Billion Ameriprise Team Launches RIA With Dynasty ↗ The Bedford, New Hampshire-based team includes around 40 advisors. The post $4.3 Billion Ameriprise Team Launches RIA With Dynasty appeared first on AdvisorHub . AdvisorHub · Sep/17 20:34 UTC Wealth Industry RIA Mercer Advisors Is Taking Out Private Credit With New Loan ↗ Wealth management firm Mercer Advisors Inc. is looking to cut its borrowing costs by refinancing private debt with a $1.65 billion leveraged loan The post RIA Mercer Advisors Is… AdvisorHub · Sep/17 20:20 UTC Wealth Industry Q&A: State Street Goes Live With Custody Offering ↗ State Street is now marketing its RIA clearing and custody business, targeting larger RIAs, and plans to go live with an anchor client in the U.S. in the next couple of months… WealthManagement.com · Sep/17 19:49 UTC Wealth Industry Steward Partners Adds $950M Georgia-Based RIA Run By Former Pilot ↗ Michael Stark, a former pilot and financial advisor to Delta employees, has agreed to join $57 billion Steward Partners. WealthManagement.com · Sep/17 18:57 UTC Wealth Industry $1.3B Ameriprise Team Launches RIA in Minnesota ↗ Fathom Advisors registered with a team of 22, including eight advisors. The post $1.3B Ameriprise Team Launches RIA in Minnesota appeared first on AdvisorHub . AdvisorHub · Sep/17 15:57 UTC Wealth Industry 'No rush' Peter Mallouk is doing wild 'gap' deals as he rides out RIA seller's market and his Creative Planning keeps 'billions' of purchasing power 'locked-and-loaded' for 'perfect' moment ↗ The $780-billion RIA owner says eye-popping side deals like $4.3-trillion RVK add to the core 'Creative Planning' strategy -- without killing the M&A war chest -- even if they are… RIABiz · Sep/17 03:00 UTC Wealth Industry 8 financing options for RIA acquirers: A full menu ↗ Megadeals and private equity transactions usually draw the biggest headlines, but potential acquirers can take their pick from any number of possible sources of financing. Financial Planning · Sep/16 21:38 UTC Wealth Industry 5 ways wealth managers can reduce the tax burden of investments ↗ Taxes can erode portfolio value in ways that add up over time. Explore five active investment strategies that can reduce capital gains tax impacts for clients. Financial Planning · Sep/16 17:39 UTC Wealth Industry For RIA founders, lower EBITDA can mean a higher sale price ↗ Deals can falter when firm owners misjudge what it costs to replace themselves. Financial Planning · Sep/16 12:00 UTC Wealth Industry NewEdge Wealth Opens First Minnesota Office with $1.2B UBS Team ↗ Shafer Block Wealth Management departs the wirehouse after 20 years to join the UHNW division of NewEdge Capital Group. WealthManagement.com · Sep/15 10:00 UTC Wealth Industry Wealth Management Invest: Building Diversified Portfolios with Nomura’s Milissa Hutchinson ↗ Nomura's Milissa Hutchinson discusses how advisors should approach diversification for today’s markets. WealthManagement.com · Sep/14 17:03 UTC Wealth Industry Marty Bicknell commits $175 million to install 700 'AI' bots to revolutionize RIA automation; the gamble isn't AI but whether advisors, clients, staff and leadership will embrace the change, analyst s ↗ The Mariner CEO is all-in on Humanity Labs' agentic artificial intelligence, a venture he co-owns; the payoff will be faster and smoother integration of RIA acquisitions, he says. RIABiz · Sep/12 14:32 UTC Wealth Industry AI fuels some RIA hiring plans, dampens others: Cerulli ↗ Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff. Financial Planning · Sep/11 21:01 UTC Wealth Industry Citi Hires $3 Billion Private Banker from Bank of America ↗ Teresa Radzinski joined Citi after spending nearly three decades with Bank of America. The post Citi Hires $3 Billion Private Banker from Bank of America appeared first on… AdvisorHub · Sep/11 17:59 UTC Wealth Industry Deals & Moves: RFG Advisory Oversees RIA Merger to Form $750M WFA Volare ↗ In other deal news, Wealthcare adds a $550 million RIA to its 1099 channel, OnePointBFG expands in Florida, and Hightower pulls a $1.6 billion affiliate into its Signature Wealth… WealthManagement.com · Sep/11 15:04 UTC Wealth Industry Amid a flood of warnings about dangers of rogue AI, Hamachi steps in with newly patented system to protect sensitive RIA client data from AI breaches ↗ Anthropic staffer quit among dire warnings Tuesday and the RIA startup today released the news it has a patent to exceed 'enterprise' safety standards by sharing client data with… RIABiz · Sep/11 14:56 UTC Wealth Industry SEC Fines, Suspends RIA Founder Over Client Data Poaching, Cover-Up Allegations ↗ The California advisor made unauthorized trades, took hundreds of client records before launching Embarcadero Capital Advisors and then lied about having a spotless record. The… AdvisorHub · Sep/11 14:41 UTC Wealth Industry Wealth Management Celebrates Top Companies, Executives at 2026 Industry Awards ↗ Judges recognized companies for their outstanding support of financial advisors' success in various categories from among over 300 finalists. WealthManagement.com · Sep/11 04:01 UTC Wealth Industry Vanguard’s Deal for Altruist a ‘Trojan Horse’ to Push RIA Vendors ↗ RIA CEOs said they are less concerned about Vanguard pairing with Altruist to create competition, as they are hopeful it will spur sector innovation. WealthManagement.com · Sep/10 18:57 UTC Wealth Industry Bain Capital (mostly) funds Envestnet buy of Vestmark to surpass $10 trillion and define 'adaptive modularity' strategy, leaving Orion a clear RIA lane ↗ The New York City PE powerhouse likely spent $500 million-plus to power up its Envestnet take-private deal by creating a cross-brand, cross-channel universe where rip-and-replace… RIABiz · Sep/10 12:51 UTC Wealth Industry Modern Wealth Acquires $710 Million Florida RIA ↗ The Crestview-backed serial acquirer bought Sanchez Wealth Management Group, a Jacksonville RIA with three advisors. The post Modern Wealth Acquires $710 Million Florida RIA… AdvisorHub · Sep/10 10:00 UTC Wealth Industry Modern Wealth Acquires $710M Florida RIA Sanchez Wealth Management Group ↗ The deal marks the firm's fifth acquisition this year and its third in Florida over the past five months, bringing total assets under management to more than $15 billion. WealthManagement.com · Sep/10 10:00 UTC Wealth Industry RIA Savvy Wealth Raises $100M at $600M Valuation ↗ Venture capital firm Halo led the Series C funding round. The post RIA Savvy Wealth Raises $100M at $600M Valuation appeared first on AdvisorHub . AdvisorHub · Sep/09 14:25 UTC Wealth Industry Schwab Wealth Advisory (SWA) unveils 'corkage' fee on third-party SMAs, typically .35%, as slew of changes add to 'elegant' master plan to convert DIY book to fees ↗ The new Schwab price schedule, much like Fidelity's 'wrap manager,' goes into effect in 2027 and aligns with the aggressive SWA hiring, new remote SWA call centers RIABiz · Sep/09 02:50 UTC Wealth Industry Merrill Snags $1.2 Billion Morgan Stanley Private Wealth Team in Virginia ↗ Merrill separately landed two advisors from Truist and Wells Fargo who managed $585 million in combined assets, according to a firm spokesperson. The post Merrill Snags $1.2… AdvisorHub · Sep/08 21:26 UTC Wealth Industry RIA Edge Podcast: Building an Integrated Wealth Management Firm with Mike LaMena ↗ Wealthspire's Mike LaMena, CEO details how the firm is bringing together private wealth, institutional advisory, retirement services and family office capabilities as it continues… WealthManagement.com · Sep/08 19:24 UTC Wealth Industry People Moves: RIA Beacon Pointe Hires Execs from BlackRock, Vanguard ↗ In other moves, Glenmede hired four new executives from the bank-and-trust sector, $2 billion RIA Novare hired a legacy planner from Vanguard, and Citi Private Bank snagged an… WealthManagement.com · Sep/08 16:32 UTC Wealth Industry MassMutual helps Flourish find white knight buyer and regain 'standalone' status just months ahead of Phase II rollout that makes its 1,300 RIA clients more like a giant virtual private bank ↗ The Springfield, Mass. life insurer is passing the 'controlling interest' baton to private equity on the verge of RIA play to assault the bank fortress walls of checking and… RIABiz · Sep/05 13:50 UTC Wealth Industry Washington State Considers RIA Insurance Mandate ↗ An organization of investors' attorneys supports the regulation, arguing it could address the continued issue of unpaid arbitration awards. WealthManagement.com · Sep/04 19:28 UTC Wealth Industry UBS Recruits 3 Advisor Teams of Combined $2.6B in Client Assets ↗ The advisors join UBS from competitors Merrill Lynch and Morgan Stanley as the Swiss bank seeks to bolster its wealth management footprint in North America. WealthManagement.com · Sep/04 18:21 UTC Wealth Industry Schwab raises fees on wealthy clients as upmarket push continues ↗ Fee increases Charles Schwab is adopting for its in-house advisory business will keep a cheaper alternative for high net worth clients while helping to plug revenue holes. Financial Planning · Sep/04 15:50 UTC Wealth Industry RIA referrals, tech and service: How TradePMR by Robinhood pitches advisors ↗ One year after $300M deal, referrals through Robinhood that put younger investors in the pipeline and an ongoing clearing relationship with Wells Fargo reflect how TradePMR is a… Financial Planning · Sep/03 21:29 UTC Wealth Industry Can the ‘Vanguard Effect’ Extend to Wealth Management? ↗ CEO Salim Ramji is pushing Vanguard further into financial advice with the deal to acquire Altruist, but the hill may be steep to win over RIAs. WealthManagement.com · Sep/03 20:34 UTC Wealth Industry NewEdge Lands $3.1B BofA Private Bank Team in Florida ↗ The four-person team had produced $20 million in annual revenue. The post NewEdge Lands $3.1B BofA Private Bank Team in Florida appeared first on AdvisorHub . AdvisorHub · Sep/03 14:26 UTC Wealth Industry Aquiline to Buy RIA Cash Management Firm Flourish ↗ The private equity firm is taking a controlling interest from MassMutual as Flourish aims to expand lending and cash management across independent RIAs. The post Aquiline to Buy… AdvisorHub · Sep/02 16:27 UTC