Goldman's Kniffen Discusses Evergreen Funds in Alternative Views
A Goldman executive in the third-party wealth channel talks private-market vehicles for advisors.
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Vanguard hires Beverly Goodman to court RIAs
Ex-Barron's editor tasked with bridging Vanguard's low-fee message to the advisor-sold channel.
Goldman to Buy ETF Provider Neos for Up to $2.25B
Cash-and-equity deal would push Goldman's ETF assets to about $130 billion.
Trump Floats Capital-Gains Tax Indexing, Home-Sale Exemption
Advisors should treat both proposals as speculative until Congress acts.
Blackstone wealth AUM hits $324B; redemptions slow
Public alt managers leaned on the wealth channel in Q2 as redemption requests eased.
RIAs lose 2%-5% of AUM yearly to client withdrawals: Cerulli
Cerulli data shows aging clients spending down assets, casting doubt on the Great Wealth Transfer.
Grady-White Owner Gifts Firm to Trust, Spurning $400M Sale
Eddie Smith Jr. pledged 95% of future profits to charity by placing Grady-White Boats in a perpetual purpose trust.
Merit Buys $900M Former Commonwealth RIA Bridgeway Group
The $30.1 billion Atlanta RIA adds its sixth former Commonwealth team, closing its 61st deal.
Raymond James taps Schwab veteran to succeed retiring COO
Elyn Davis will lead client experience at the RIA custodian as Michelle Sovcik prepares to retire.
Integrated Partners Hires Team, Debuts SIGIL Family Office
A $25bn RIA has launched a virtual family office for ultra-rich business owners and families.
Mesirow Buys flexPATH's 3(38) Business in Retirement Push
Mesirow's second outsourced-fiduciary acquisition this year deepens its retirement plan offering.
Altruist margin lending targets Schwab, Fidelity long-short SMA bottleneck
A September launch could undercut rivals on margin and unblock tax-aware long/short separately managed accounts.
CFPB poised to let big banks charge billions in data fees
Big banks win data-fee fight, shaping fintech and RIA costs.
Vanguard's private-fund launch bypasses RIAs for Merrill, BofA
RIA access to Vanguard's new private funds is 'explored' but not offered as Merrill and Bank of America hold exclusive distribution.
Bezos Expeditions Tops Family Office AI Deals in 2026
Jeff Bezos' family office made five AI startup investments in June, CNBC reports, leading family office direct-deal volume this year.
Merit Adds $900M Commonwealth Team, Sixth Since LPL Deal
The Bridgeway Group deal brings Merit's Commonwealth team haul to $4.7 billion.
Early Trump Account funding pays $1.6M at retirement, Guardian finds
New Guardian research shows Trump Accounts reshape business-owner legacy planning.
FinCEN Final Rule Ends US Beneficial Ownership Filings
FinCEN final rule permanently ends CTA filing for US persons, deletes prior data.
Edward Jones Posts Record $5B Quarter, $2.6T AUC
Record revenue and asset growth come with steep advisor-comp costs and a planned bank launch.
Crowd Street Adds OHA Credit Fund for Accredited Investors
Private-market platform now offers Class A shares of the $250M OHA multi-strategy credit fund to self-directed accredited investors.
Merit Financial acquires $900M Bridgeway Group
Atlanta RIA adds its third former Commonwealth firm of 2026.
Schwab denies custody fees; analysts see fee route to $135
Compass Point says a subscription fee on AI cash sorting could replace lost sweep margins, even as the CEO rules out charging RIAs.
New Trump Account employer contribution rules cap at $2,500
Proposed IRS regulations set contribution limits and nondiscrimination tests for employer Trump Account programs.
Goldman Sachs launches long/short SMA push for RIAs
The move escalates the custody war over alternatives shelf space with a tax-aware, proprietary strategy.
Schwab targets $1 trillion in self-directed assets for its RIA
Custodian's plan to convert eight million-plus DIY clients pits house advice against independent RIAs.
MassMutual Ascend tops $2B in RIA annuity sales
Cumulative advisory annuity sales at the insurer show RIAs warming to guaranteed-income products.
Advisors pivot private markets to portfolio design
Nuveen strategist says funding private allocations should start with client objectives, not generic targets.
LPL unveils Latitude AI platform, shares pop 3.2%
LPL's agentic AI answer to Altruist's Hazel sends stock up after months of pressure.
LPL boosts Commonwealth EBITDA projection $25M, sees 90% retention
LPL raises its run-rate cash flow target for the Commonwealth acquisition by $25 million and projects advisor retention will climb to 90%.
Alto launches private deal room for RIAs; CAZ funds land on SoFi
Platform launches expand RIA and retirement access to private markets.
Raymond James hires Schwab's Elyn Davis for RIA client experience
Move adds Schwab custody experience to Raymond James's RIA leadership
Advisor Alts Demand Stays Strong; Analytics Top Tech Priority
iCapital's second annual survey shows alts allocations still growing, but advisor tech demands are shifting from processing to analytics.
Edelman Hires Retirement Advisory Veteran Christian Mango
The hire signals a strategic push to connect workplace retirement benefits with Edelman's broader wealth planning platform.
AI Evolution Moves Family Offices From Query to Command
Family Wealth Report's fintech forum heard AI now executes workflows, but humans still own final decisions.
California Billionaire Tax Faces Constitutional Fight
A Tax Foundation analysis says Proposition 40's wealth tax may be invalidated before raising revenue.