Mike Wunderli of Captrust explains why the next phase of RIA expansion will be defined by strategic acquisitions, intentional market positioning and a renewed focus on the West. He also discusses industry-wide shifts, including the rise of purposeful M&A and the long runway still ahead for wealth management growth.
RIA Growth Shifts to Strategic M&A and West Focus Read More »
NewEdge Advisors, the New Orleans-based RIA partnership platform owned by NewEdge Capital Group, has been seeding its W-2 employee advisor channel this year with plans to launch it more directly into the market in 2026. The move comes as NewEdge Advisors has seen interest from 1099 independent contractor advisors facing high valuations, both for recruiting
NewEdge Advisors to Launch W-2 RIA Push in 2026 Read More »
A Boston- and Los Angeles-based team of advisors has left UBS Financial Services to create a new registered investment advisor. Advisors Denis Cleary and Greg Devine have launched 71 West Capital Partners, an RIA with about $6 billion in client assets. Cleary will serve as CEO of the new firm, operating out of the Boston
$6B Team Departs UBS to Create Bicoastal RIA Read More »
Charles Schwab is set to launch its new registered investment advisor membership program with 10 RIAs next year and has plans to add roughly that amount every month going forward. Shawnette Gauer, managing director of enterprise solutions at Schwab Advisor Services, said the firm was stressing “quality over quantity,” with expectations that at least 10
Schwab Unveils RIA Membership Program Rollout Plan Read More »
Despite already high RIA valuations, the figures could continue to rise due to a robust buyer’s market, said Jeff Dekko, CEO of Wealth Enhancement, an acquisitive registered investment advisor that has grown to nearly $125 billion in client assets. Dekko, speaking at Schwab’s Impact conference in Denver this week, said the market is being driven by
RIA Acquirers See Upward Pressure on Valuations Read More »
Eric Brotman, CEO and founder of BFG Financial Advisors, is stepping down from that position to focus on the firm’s growth. But unlike many such transitions for financial advisors, his handover is not part of an acquisition, but a long-planned internal succession. “I’ve been working toward this moment,” said Brotman. “In 2003, when I was
Nearing $1B, An RIA CEO Steps Aside in Succession Plan Read More »
AssetMark Financial Holdings, a Concord, Calif.-based turnkey asset management platform and technology provider owned by private equity firm GTCR, has agreed to acquire Efficient Advisors, an asset management platform for registered investment advisors, from the Fiduciary Services Group. The acquisition, expected to close in the fourth quarter of 2025, will bring to AssetMark Efficient’s roughly 200
AssetMark Buys RIA Platform Provider Efficient Advisors Read More »
RIA Edge Nashville 2026 Apr 14, 2026 TO Apr 15, 2026 | Nashville The event is designed exclusively for RIA executives. Don’t miss the opportunity to learn from executives running the most successful and fastest growing RIA firms in the country. Learn More
RIA Edge Nashville Read More »
There is room for more ETF adoption among RIA firms, according to the second quarter 2025 “RIA ETF Trends Report” from AdvizorPro. During the quarter, 5,035 RIAs reported consistent ETF holdings, according to the company. Over half (57.8%) expanded the number of ETFs in their portfolios between the first and the second quarter of 2025,
RIA ETF Adoption Continued to Rise in Q2 2025 Read More »