Thanks to the power of compounding, the coming multigenerational wealth transfer continues to swell as an opportunity for enterprising financial advisers, but how or if advisers will ever capture that mountain of assets as it passes to the next generations ...

Significant progress was made on the advocacy priorities impacting our industry last year despite the challenges, such as the changes in presidential administrations and the political parties controlling Congress and state legislatures, the year brought. Protecting independent contractor status: Protecting ...

A federal court in Wisconsin has entered a partial judgment against Michael F. Shillin, a former registered investment adviser, whom the Securities and Exchange Commission had previously charged with defrauding at least 100 advisory clients. The judgment bars Shillin from ...

Two West Coast registered investment advisers, Laird Norton Wealth Management and Wetherby Asset Management, said Monday that they had merged, creating a new firm with $15 billion in client assets. The RIA industry has seen almost a decade of record-setting ...

My business partner of 30 years, Pat McClain, likes to say, “That which got us here won’t get us there, or we’d be there already.” He says this as a reminder that we can’t expect to achieve ever-greater results if ...

In yet another indication that broker-dealers are losing ground to registered investment advisers, the number of wealth management-focused or retail brokerage firms declined 28% over the decade ending last year, according to Cerulli Associates, with 923 such firms in 2020 ...

In the second year of the Covid-19 pandemic, large registered investment advisers based in the Northeast region saw a return of business and growth, doing so well they even outpaced the average increase in assets of recent years. The 2021 ...

In a move that should accelerate the convergence of wealth and retirement at work and concern all RPA aggregators that lack a robust wealth management practice, Creative Planning has acquired Lockton’s retirement division. The transaction, which marks the first time ...

Military veterans working in wealth management have a ready-made market niche because of the myriad and nuanced issues and benefits that are unique to members of the military and their families. “Being a veteran became an interesting touch point for ...

Growth with added complexity is the future for custodians who hold the assets for registered investment advisers, according to a panel of top industry executives, as RIA clients look for increased access to alternative assets, digital currencies as well as ...