Vanguard's trillion-dollar rollover pipeline
The $4.6 billion Altruist deal gives the $11 trillion retirement giant a direct line to the RIAs who capture its participants' rollover balances — and a $3,600 AI planner to help them.
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Feathery gives RIAs plain-English control over workflows
The new Robin assistant turns conversational updates into compliant, deployable workflows drawn from a pre-tested library.
The RIA talent war moves to the operating suite
Beacon Pointe, Prime Capital and BridgePort are hiring executives to run the platform, not just bring the book.
BridgePort hires Osaic M&A veteran Tina Decker
A 400-deal succession specialist arrives at a fee-only aggregator as the industry's deal volume sets records.
RFG pairs two Louisiana RIAs into a $750 million practice
The Birmingham hybrid's second capital-solutions deal of 2026 combines a 30-year firm with female-founded Volare, adding an NFLPA advisor and a wider block-trade buildout.
Conquest drops 'Planning' and pivots to AI advice
The renamed fintech is positioning its Strategic Advice Manager as the engine for advisor, client and white-label experiences across wealth platforms.
8VC files $55.5M fund with zero sold
A Lonsdale-tied vehicle enters the market with the fundraise still ahead of it, and the first amended Form D will decide whether the ask sticks.
Gryphon's independence runs on Robinhood's rails
The $3.38 billion former Wells Fargo team is testing whether an RIA can outsource technology to its custodian and still own the client.
Crenshaw lands at Venable as SEC shrinks to two
The former SEC commissioner's critiques of the private-markets push now arrive on law firm letterhead.
Edward Jones buys the NIL introduction
The workshop is the price of admission to a client relationship that starts before the first pro check arrives.
Edward Jones buys an introduction to NIL-earning athletes
Duke and Oregon partnerships trade financial-literacy workshops for access to athletes who want advice and rarely have it.
Beacon Pointe hires BlackRock, Vanguard executives for integration and risk
The Newport Beach RIA, at about $63 billion in client assets, is staffing integration and risk leadership from the two institutions that defined asset management's last two decades.
Advisor moves jump, custody changes stall
A 183-to-1 gap between advisor moves and custodian changes shows the talent war is no longer a custody war.
Prime Capital hires Glenmede veteran to open endowment unit
Mark Hays comes aboard as president of a new practice built for nonprofits holding $5 million to $250 million, the slice of the OCIO market Cerulli expects to produce $1.3 trillion in first-time adoption.
Blind pools sit while pre-sold wrappers fill
The September 4 Form D batch split private funds into empty flagships and fully subscribed series, and the smallest sold line carries the clearest read.
NIL moves athlete planning into the family kitchen
Advisors who educate a 17-year-old's parents now are underwriting the relationship a pro contract will fund later.
Frost pulls 39 advisors from UBS in 48 hours
Two wirehouse teams, one buyer, 48 hours: the registration file shows the advisor talent war shifting from solo breakaways to block trades.
The ethical will is the advisor retention play
Cresset's Eric Becker says the industry has spent its energy preparing assets for heirs while neglecting the heirs themselves—and the family conversation is where the next generation of client relationships is actually won.
AI capital buys the grid before chips switch on
BNP Paribas AM's €1.2 billion junior-debt close and same-week power, fiber and cooling deals show where the AI trade is heading.
BlackRock BDC chief exits after markdowns
The TCPC CEO's departure puts the potential $671 million loan-book sale at the center of private credit's exit-price test.
The talent war’s quieter front
The Sept. 6 registration file paired four block-trade team moves with the single-advisor moves into Prudential and Linsco by LPL. The quieter ones are the ones to watch.
Private-markets shelf restocks with healthcare and royalties
BOPG's two royalty feeders and Chicago Pacific Founders' fourth healthcare real estate fund landed in the same Sept. 4 Form D batch, while Cyanhill's $60 million venture fund logged zero sales.
Altruist and april turn the financial plan into a utility
As AI drafts the plan in the client meeting and IRS transcripts arrive by wire, the document becomes a byproduct and the RIA's fee has to move to judgment and liability.
Citi raids the private-bank C-suite
Three hires from competing private banks move the talent war above the advisor ranks.
The private bank hiding in an RIA cash platform
MassMutual's handoff of Flourish turns 1,300 RIA firms into the virtual branches of a private bank whose raw material is adviser cash.
AI capital moves downstream to power and cooling
A $176 million cooling deal anchors a 48-hour run in which AI capital moved one layer below the chip, into power and the financing of computing.
Blue Owl names the assets; the blind pool slips
The private-market gateway has become a product-engineering contest, and the targetless Form D is the first casualty.
8090 Industries files a $136.5 million venture Form D with no stated target
A blank ceiling changes whether the GP is picking late investors or still building the fund.
Flourish's PE buyout is a private-bank end run
MassMutual cedes control just as Flourish turns 1,300 RIAs into a virtual lending and checking machine — and the hard part, distribution and partner banks, starts now.
NewEdge's $12 billion day resets the talent war
Four $3 billion Fort Lauderdale teams moved in one day, pushing the week's disclosed advisor AUM in motion to $19.8 billion and showing block trades have replaced advisor-by-advisor recruiting.
UBS's $2.6 billion day is a retention bet, not just a hiring spree
Three team moves from Merrill and Morgan Stanley fill different gaps in UBS's roster—and test whether the firm can hold what it just recruited.
Private infrastructure's rise is a governance test for advisors
Cerulli sees $2 trillion in advisor alternatives flows by the early 2030s, and allocators say the discipline inside the infrastructure label will matter more than the target allocation.
NewEdge and LPL place bank-bred teams in new structures
Two advisor-team moves in one weekly report show the independent channel has stopped mining wirehouse books and started building continuity around the advisor.
Blue Owl plans a data-center REIT seeded with $6.5 billion
The asset-anchored structure would let public investors underwrite a named portfolio instead of a blind pool.
RSP's $100 billion puts a price on concentration talk
Equal-weight inflows show the mega-cap debate has moved from meeting rooms to allocations; the model portfolios that carried the AI trade into RIA accounts will decide how long the broadening lasts.
Private credit's 5% gate is now the term sheet
With BCRED paying out three-quarters of its queue over 90 days, the market answered with 40 interval-fund launches and $19 billion of August inflows.
Schwab turns Vanguard's Altruist deal into a recruiting weapon
Altruist advisors now face a retention decision before integration begins, as the $4.6 billion deal's uncertainty becomes a custody sales call.
Silence, not taxes, is the real transfer risk
LendingTree, Fidelity and LegalShield surveys show heirs expecting money the older generation has not planned to give. Advisors should treat the gap as a retention event.
Pay-to-play repeal trades one rule for patchwork
The SEC wants to scrap Rule 206(4)-5; RIAs with public-plan clients should keep the contribution file they built under it.
Blackstone holds 5% gate after 10% ask
A 10% request wave against a 5% cap shows the gate is private credit's real term sheet.
Schwab courts Altruist advisors while Vanguard doubt lingers
Charles Schwab is dialing Altruist advisors to test whether the custodian's founding promise survives its $4.6 billion sale to Vanguard.
UBS and Merit pull away in advisor talent race
The 30-day activity log shows two scale models pulling away while the middle shrinks.
Solo RIAs are the succession blind spot the M&A boom leaves open
Most independent advisors will never sell to a consolidator, and the solo founder without a continuity plan is pricing the firm for a crisis before a buyer arrives.
Fidelity's record retirement balances make the case for contributions
The strongest quarterly gain in five years gives advisors an answer to clients weighing a savings pause.
Governance is the new retention play
Schwab's $10 million SMA floor and the OBBBA formula-clause trap turn trust, gift, and suitability processes into the retention edge.
Oregon deal buys a succession plan, not a map
The $224 million tuck-in works only if equity incentives keep three Portland advisors in place.
NewEdge’s $3B Florida hire is its growth playbook at work
Four managers land in Fort Lauderdale days after a $2.2B Houston liftout, and the two openings trace the same bet: recruit teams rather than firms.
Dolly Parton’s giving now faces a governance test
WealthManagement.com's accounting of her gifts shows why recurring commitments need governance that outlives the founder.
Samsung Life's Principal stake priced like control
The Korean insurer's reported bid for 15 percent of Principal is really a payment for private-market distribution.
Schwab tightens tax-aware SMA minimums to $10 million
The tenfold increase and portfolio-margin freeze move tax-loss harvesting upmarket and put custodian policy at the center of RIA suitability.