Advisors archive
Every Advisors story, newest first. 898 stories
3 stories
- The Advisor's Note
Carlyle takes minority stake in $52B Prime Capital Financial
Prime Capital Financial says 170 advisors hold equity and manage 95% of assets; Abry Partners exited in the recapitalization.
- Practice management
Gunder Wealth pays for 60 virtual assistant hours monthly instead of a full-time hire
Ashlee deSteiger tells the Financial Advisor Success podcast she paused new client onboarding for nine months to review performance metrics.
- Recruiting & transitions
Wirehouse recruiting packages reach up to 425% of revenue, Diamond report says
The first-half transition report counted 932 experienced-advisor recruits against 1,449 departures at the four wirehouses.
10 stories
- Products & portfolios
MassMutual makes Flourish Cash available to its advisor network
MassMutual said Sept. 2 it had offloaded its controlling stake in Flourish to Aquiline, retaining a minority interest.
- Practice management
Behavioral finance is cognitive psychology applied to finance, Klontz and Horwitz argue
The article lists four client behaviors it calls ubiquitous and the cognitive biases it says explain them.
- Practice management
Twelve states and DC impose estate taxes; five levy inheritance taxes
Maryland is the only state with both taxes; Washington's estate-tax exemption is $3 million, versus $5.49 million in Hawaii.
- Recruiting & transitions
Indivisible, launched by former Merrill executives, adds $1.1 billion RBC team in Baltimore
The group, operating as Rosenwald Private Wealth, is at least the ninth practice to join Indivisible since its early-2025 launch.
- Succession & selling a firm
Carlyle took a minority stake in Prime Capital Financial, where 170 advisors own equity
The $52 billion firm says 95% of its assets are managed by advisors who hold equity, and prior investor Abry Partners exited in the recapitalization.
- Tax & estate planning
Treasury auto-opens about 60 million Trump Accounts and allows foundation stock gifts
Auto Accounts hold the $1,000 federal contribution and tax-exempt gifts; a parent must claim the Auto Account before individual or employer money can go in.
- Practice management
Kitces article: prospects want the firm's fees and minimums, testimonials on websites
Sydney Squires describes two rounds of screening, and a cited report finds even referred prospects leave a site that cannot answer their questions.
- The Advisor's Note
Wells Fargo Advisors FiNet recruits 11-advisor Ameriprise team to form Orchard Financial Group
Michael Kawase, Eric Smutko, Audre Schmedes and Anthony Perez move from Ameriprise to Wells Fargo FiNet.
- Practice management
Pathstone plans 77 client events in 2026 as assets reach $200 billion
The firm credits the events for referrals, while acquisitions account for much of the asset growth.
- Tax & estate planning
Northwestern Mutual study: 83% of boomers, Silent Generation prefer aging at home
The study projects an eight-hour-a-day home health aide at $105,120 out of pocket in 2026, rising to $552,232 by 2060.
1 story
- The Advisor's Note
Orion quotes vendors up to $20,000 a month for platform data
Vendors told WealthTech Today the quoted fee reaches that level; Fidelity and BNY Pershing are also changing platform access terms.
13 stories
- Recruiting & transitions
BNY Pershing retires Wove and shifts RIA platform reset to Adam Vos
RIABiz reports the successor platform has no name and describes Adam Vos, Pershing's new RIA head, as unproven in custody.
- Recruiting & transitions
Fidelity plans $100 million RIA custody minimum with June 2027 deadline
Rival custodians are already competing for the few hundred firms below the planned $100 million threshold, up from $15 million, Kitces reports.
- Practice management
XYPN AdviceTech judges press six finalists on fit with existing systems
Six vendors demoed roughly seven minutes each at XYPN LIVE in San Diego on September 30, and the panel's questions turned on data access and CRM overlap.
- Tax & estate planning
How a family's advisors can each see only part of its finances
WealthManagement.com's analysis argues individually sound recommendations on company shares, taxes or a move abroad can conflict once combined.
- Practice management
Pathstone credits client events for referrals as assets reach $200 billion
CEO Matthew Fleissig says the firm will host 77 client events in 2026; acquisitions account for much of the asset growth.
- Practice management
Nearly 40% of retirement investors want a detailed income plan, Cerulli finds
The 1,740-person Cerulli 401(k) survey polled active account owners and retirees; Bento Engine launched an MCP layer for compliant AI content.
- Products & portfolios
SEC proposes expanding cross trading by registered funds
The proposal would restore cross trading in most fixed-income securities and require aggregated reporting of trading activity and cross trades.
- Recruiting & transitions
Diamond report puts employee-model recruiting packages at up to 425% of revenue
The first-half transition report counted 1,449 experienced-advisor departures against 932 recruits across the four wirehouses.
- Practice management
Wealth Solutions Report commentary says platforms overlook mid-sized advisors
The commentary's practical tests are whether one team supports investment and insurance needs and whether an advisor can reach someone who understands the practice.
- Practice management
WMIQ advisor market sentiment falls to 115 as economic outlook improves
The economy reading rose to 106, while 39% of respondents expect a six-month market decline.
- The Advisor's Note
Goldman Sachs COO John Waldron could become CEO in January, RIABiz reports
RIABiz says Waldron oversaw the Folio Institutional acquisition and the Creative Planning custody deal.
- Succession & selling a firm
Hightower Signature to add $1 billion Synergy, a partner since 2017
The announced deal would add 15 employees and push the Hightower Signature channel past $40 billion in assets.
- Recruiting & transitions
Advisors under Fidelity's $100 million custody minimum face months of repapering
Brad Wales says the June 30 deadline allows enough time for a three-phase move, but advisors should not wait to start repapering.
13 stories
- Recruiting & transitions
Goldman COO John Waldron could become chief executive in January, RIABiz says
RIABiz, citing press reports, says Waldron oversaw the Folio Institutional acquisition and the Creative Planning custody deal.
- Practice management
Coalition Greenwich finds 22% of $100,000-to-$5-million households use both advisors and DIY accounts
Hybrid and DIY-only investors raised more cost concerns than advice-only clients, and hybrid clients were more likely to say they could soon leave their advisor.
- Practice management
IRIC’s Kevin Crain urges plainer retirement income language for client talks
He cites a 2013 NBER study where 72% of respondents wanted an annuity framed as spending payments, versus 21% when it was framed as an investment.
- Succession & selling a firm
Hightower Signature to add $1B Synergy Capital Solutions
The Bloomfield Hills, Mich., RIA has been a Hightower partner since 2017; the announced deal would bring 15 employees and push the channel past $40 billion in assets.
- Practice management
More than 60 million children auto-enrolled in Trump accounts; stock-donation proposal out for comment
The Oct. 7 announcement brought the total to nearly 70 million accounts, from about 7 million before auto-enrollment, according to a Treasury official.
- Recruiting & transitions
Orchard Financial Group, a $580 million Ameriprise team, joins Wells Fargo's FiNet
The Los Angeles team produced $4.3 million in annual revenue and brought three additional advisors and four support staff, a spokesperson for the hiring firm said.
- Products & portfolios
Vishal Khanduja turns bullish as Eaton Vance bond fund tops benchmark duration
$4.1 billion Eaton Vance Total Return Bond Fund ran 6.07 years of duration in June against 5.8 for its Bloomberg US Aggregate benchmark.
- Tax & estate planning
WealthManagement.com: equity plan portals explain awards but not tax and concentration decisions
The October 8 analysis says record-keeper sites show vesting schedules and plan rules but leave employees to weigh tax bills and concentration.
- Practice management
Orion to charge vendors a Connected Ecosystem Support Fee for platform data
Vendors told WealthTech Today that quoted fees reach as high as $20,000 a month; Orion says the program funds infrastructure, governance and connectivity.
- Succession & selling a firm
RIA partner buy-ins should be debt-financed, not savings-funded, column argues
The column's authors cite a 40% higher completion rate for structured-capital transitions than for personal-wealth funding.
- Succession & selling a firm
Merit Financial acquires $1.1B Orchard Park advisory practice
The 13-person team gives the Atlanta RIA its first New York office and will close its own RIA.
- Recruiting & transitions
Wirehouses shed a net 517 experienced advisors in the first half of 2026
Diamond Consultants counted 1,449 experienced-advisor departures against 932 arrivals across Merrill, Morgan Stanley, UBS and Wells Fargo in six months.
- Tax & estate planning
Bryn Mawr Trust's Jamie Hopkins weighs CRUTs for inherited IRAs
In a Trusts & Estates video, Jamie Hopkins says non-spouse heirs now have 10 years to distribute an inherited IRA, down from decades of potential deferral.