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
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
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
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
A national wealth management firm has bolstered operations with a twin market move. Fairstone has bought Grainger Financial Planning and Riverstone Wealth Management. Bosses say the swoop for the businesses – which operate in Sunderland-headquartered Fairstone’s North East heartland – “demonstrates its commitment to further growth” in the region. The deals come after the businesses
Angel One also said its wealth management business is progressing as planned but will require continued investment Angel One expects its lending, wealth management and asset management businesses to play a bigger role in growth over the next few quarters, with the company saying nearly 40 per cent of its revenue now comes from businesses
Many times, life throws a curveball. It could be a job offer across the country, a six-month career break, or a major relocation. These changes can disrupt our finances, budgets, and investments. When your daily life undergoes a major shift, your financial plan cannot stay on autopilot. It needs a reset.
Debt consolidation is the financial strategy of taking out a single new loan to pay off multiple smaller, high-interest debts. For a young person, it is often the reset button needed when a flurry of credit card bills, ‘buy now, pay later’ dues and personal loans begin to spiral. Instead of managing five different due
Wealth units at wirehouses and larger public banks continued to beat estimates in the second quarter of 2026, with Morgan Stanley touting that stock market IPOs (like SpaceX) are turbocharging net new wealth assets, while Wells Fargo claims the bank has continued to hit near-record advisor recruiting in the past year. In the second quarter,