It’s hard to go for a month in the registered investment advisor sector without a new report detailing the challenge of succession planning in this founder-led, client-driven industry. Just take this week. According to Charles Schwab’s annual RIA benchmarking survey, just 45% of firms with under $250 million in assets under management have a written
Why some businesses pay far more for energy in summer (and others don’t) For most businesses, energy is a line item that gets paid without much scrutiny. The bill arrives, it gets processed, and attention moves on to more pressing operational concerns. That approach is increasingly costly. Average commercial electricity rates rose 4.8% year over
US-based Qnetic is assembling a 200-kilowatt-hour (kWh) flywheel-based energy storage system dubbed Pulsar, as it is also constructing the world’s largest dedicated flywheel test cell at its Technology Center in Shanghai. The systems are aimed at validating the performance, safety, and reliability of flywheel-based energy storage systems that can replace chemistry-based batteries in the future.
Wealth Enhancement, an acquisitive Minneapolis-based registered investment advisor overseeing $158.2 billion in client assets, has brought on the investment advisory business of Raleigh, N.C.-area WealthShield Partners and its affiliated wealth management practice, Madison Oaks Wealth Partners, which together managed more than $993 million in assets. WealthShield Partners is led by Managing Partner Robert Leggett, while
In this latest episode of Professional Adviser TV, Ranahan explored the prospect of a wealth tax under Burnham’s leadership and the long mooted equalisation of capital gains tax and income tax rates. Ranahan argued in the conversation that any wealth tax is more likely to serve as political cover for broader revenue-raising measures such as
The UK discretionary wealth management market reached £1.24tn in assets under management at the end of 2025, as adviser demand for model portfolios continued to grow. Research from Platforum found that wealth managers are increasingly attracting business through third-party financial advisers outsourcing investment management, rather than relying solely on their own private clients. Less than
Success for professional sports people is gauged not only by talent and determination but also by their ability to navigate a career in which uncertainty is a given. For competitive – and risk-taking – individuals the financial rewards vary dramatically from one tournament to the next. It’s not uncommon for a player to leave an
Children under 16 in England will be banned from buying high-caffeine energy drinks from April 2027 under legislation announced by the government, which says the measure is intended to protect children’s health and wellbeing. The proposed legislation, subject to parliamentary approval, would prohibit retailers from selling drinks containing more than 150 milligrams of caffeine per
High-caffeine energy drinks “have no place in children’s hands” and will be banned from sale to under-16s in England from April next year under new laws designed to improve health outcomes in young people. About 100,000 children across the country currently drink high-caffeine energy drinks daily, with those in more deprived areas and households more
OneDigital, an Atlanta-based insurance, talent and financial advisory firm with more than $155 billion in client assets, has acquired Rosenthal Wealth Management Group, a $1.8 billion registered investment advisor based in Manassas, Va., with additional offices in Maryland and Western Pennsylvania. The eight-advisor team is leaving independent broker/dealer Cetera to make the move to OneDigital