Smaller RIAs need a closer look at owning their data
Financial Planning says small firms should look harder at owning and warehousing data and treat the exit strategy as important as the way in.
Multi-owner firms with $100M–$1B in assets draw 48% higher multiple
An FP Transitions author writing in Wealth Solutions Report asks owners whether growth reached margins and whether the firm could run without them.
Banker, not broker, needed to model PE rollover and earnouts
InvestmentNews column says the adviser a founder hires determines whether earnout and rollover terms get modeled before signing.
Merrill raises 2027 growth-award bar to $7.5M and 4 net households
The core grid stays flat, and the $150 million Elite Award becomes three categories paying a 50% premium.
Cerulli paper ties best-interest expectations to 73% satisfied and not seeking a new advisor
A separate 48% of the second group said they were satisfied but open to considering other options, and 4% were dissatisfied, according to the white paper.
Orion to charge for API access, Salesforce to meter AI calls
A Practifi executive argues every pass-through path ends with the advisory firm paying more for the same integration.
Gen Z trust in AI as primary advice source halves to 10%
The KPMG/SIFMA survey of 2,123 investors finds 43% say better digital tools would not prompt a switch, up from 35% in 2025.
Freehold Wealth moves $576M practice to Osaic from Stifel
Mary Steele, the founders' daughter, cited Osaic's succession-planning resources as a reason for the move.
Franklin Templeton's Stanhope puts alpha ahead of tax in long-short
He says advisors who lead with harvesting risk client disappointment as direct indexing accounts carry embedded gains.