Connecticut Wealth Management hires Subatomic for five-year AI build
The $5.2 billion RIA expects a first phase to go live before the end of 2026 and says the system will help it maintain its 35-to-1 client-to-advisor ratio.
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.
Cerulli: 46% of 401(k) participants want anytime withdrawals, 40% a personalized retirement plan
The report also finds 39% of participants want guaranteed monthly payments that last after their savings are used up.
WealthManagement.com column argues sell-and-stay unblocks advisor succession plans
The column says identity, not valuation or terms, stalls advisor succession, and a phased structure separates an executed plan from one on a whiteboard.
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.