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The custodian had applied the same minimum to new advisory firms and is now applying it to firms already on the platform, a Fidelity spokesperson said; one advisor posted the notice on LinkedIn.
The package would cap performance fees at 20% of a fund's net gains, require findings by a board with an independent majority, and let interval funds offer monthly repurchases.
The asset purchase adds more than 30 advisor teams and about $5.4 billion in assets, lifting Concurrent's total to $28.6 billion; no purchase price was disclosed.
The Atlanta fee-only firm closed Sept. 30 and adds a two-generation team serving physicians; terms were not disclosed.
Existing firms below the threshold must meet it or begin moving off the platform by June 30, 2027, the firm says.
The column looks at ensemble teams whose partners want different next chapters and why the hardest conversation is the one that starts while nothing is broken.
The three-year terms begin Jan. 1, 2027, the same day Martin Seay becomes board chair.
Two of the three managing directors built their careers inside bank-owned brokerages; Brett T. Schmidt's record begins at BB&T Securities in 2012.
An SEC spokesperson says no nonpublic data was released, while Frontline Compliance points to the backend extraction layer as the exposure to watch.
The previous directory, live since 2016, drew search traffic but connected almost no consumers, the association says.
The two independent firms name no price or equity stake as KingsRock adds capital raising, structured financing and strategic advisory for Arax clients.
The Dublin, Ohio group joins Ascend Advisory Group, the $2.5 billion practice Tony Reilly founded in 2001.
The combined manager holds $2.6 trillion in assets, and the release claims top-ten positions in active equities, fixed income and private markets.
Small business owners with a financial professional expect to retire at 63, seven years earlier than those without one, an Equitable and SCORE Association study finds.
Michael Dell's family office joined the $7.7 billion take-private of The Baldwin Group, and Deloitte counts 8,030 single-family offices managing $3.1 trillion.
Thirty-two percent of respondents said their future-preparation energy leaned toward physical health, against 16% for financial planning, with 53% splitting evenly.
He lands in the Denver RIA's Olean, New York office alongside former Ameriprise advisor Kyle Kirk, who also joined UWP and whose book was about $100 million.
Family foundations run 24% to 2% by age, but the survey gives no vehicle figures for Gen X.
Nancy DeRusso, who joined Guardian in 2026 as head of client solutions, calls the divergence between expected and actual preparation a longevity gap advisors can help close.
The same meeting produced a proposal to let advisers charge up to 20% performance fees on private funds, plus companion measures on the accredited-investor definition and interval fund redemptions, each with 60 days of comment.
Private Equity Wire reported the proposal, citing The Wall Street Journal; the coverage does not describe which vehicles or investors it would reach.
The release claims top-ten positions in active equities, fixed income and private markets but does not disclose what Nuveen paid or the cost savings.
A Sept. 24 Pontera blog post argues institutions need an outside validator for agent-to-agent traffic; RIABiz reported Schwab is preparing to launch agents of its own.
The Hingham, Mass. firm would lift Hightower Signature Wealth past $40 billion in assets and mark the channel's third external acquisition this year.
Fitch reports the trailing 12-month U.S. private-credit borrower default rate hit a record 6.3% in August.
The same meeting produced proposals to widen when advisors charge performance fees and to overhaul the interval fund framework.
The platform ran Mondevo Group's Caruso and Underscore District acquisitions, then opened to outside family offices.
The Australian wealth firm's expansion money covers AI, technology and operations; XYPN added discounted AI tools as a member benefit.
The investment is Merchant's largest outside the United States and is earmarked for Ironbark's expansion in wealth management, AI, technology and operations.
The Minneapolis acquirer says the deal, expected to close in the fourth quarter, would be its largest to date and take it past $187.1 billion in client advisory, trust and brokerage assets.
Notice 2026-62 and Revenue Ruling 2026-20 target quick redemptions of appreciated holdings without banning Section 351 seeding.
The seven-person Ohio group joins Ascend Advisory Group, a FiNet affiliate whose site lists more than $2.5 billion in assets.
The team's registration records show a ten-advisor move into a $3.67 billion RIA with 177 employees and no deal to announce.
The deal would lift the Minneapolis firm past $187.1 billion in client advisory, trust and brokerage assets, a total that includes $8.5 billion held with affiliated RIA Advisory Solutions Group.
Umans, who joined the Irvine, California company in 2019, steps down as general counsel and reports to chief revenue officer Scott Sullivan.
The 22nd annual conference, hosted Aug. 27 and 28 by Santa Clara School of Law, highlighted five developments; the available account covers three, ending partway into a tax point on gifting interests that resist valuation.
Companion measures would widen the accredited-investor definition and give interval funds more flexibility on redemptions, with 60 days of public comment on each.
The combined count for the retirement plan provider's wealth and retirement units exceeds NewEdge Wealth's 113, the largest single-firm tally in PWD's tracking.
The firm holds about $50 billion of 401(k) assets across roughly ten record keepers, and the prospecting module now in beta is expected to reach the broader network early next year.
The Ann Arbor team reported about $170 million across advisory, brokerage and retirement plan assets.
Nikki Lude and Ciara Stewart leave Commonwealth Financial Services with about $120 million in client assets to launch Heritage Financial & Investment Services in southeastern Ohio.
Ecclesiastes Wealth Partners, founded by Shannon Harris, brings about $550 million in client assets and three principals to the Austin broker-dealer.
Apex Clearing would handle clearing, carrying and custody; Nasdaq supplies the trading technology.
The custodian will not say how many advisors use Wove; Fitch sees Schwab, LPL, Raymond James, Ameriprise and Stifel gaining from higher client cash rates.
The September 29 report assesses Schwab, LPL Financial, Raymond James, Ameriprise and Stifel, and flags higher deposit costs and cash sorting as offsets to the spread.
Harrison Street, which reports more than $110 billion in assets under management, agrees to buy from Antin Infrastructure Partners a district energy platform serving more than 700 customers across 12 cities.
Neither Form D states an offering amount, and both list $0K sold to date.
The 29 September notice names four related persons and records $0K sold to date, but no fund size or terms.
Retirement income planning reached the top of the network's benefit request list in 2026, and more than 300 members already use Income Lab.
AI efficiency tools were the network's most-requested partnership category in 2025 and 2026, with Jump the most requested product, according to XYPN.
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