C Corp, S Corp or LLC for Breakaway Brokers? Each Has Tax Implications
Before making any choices, breakaway brokers should consult an experienced tax attorney or accountant familiar with the industry.
The Bull Market Is 8 Years Old. What’s Next?
The second longest post-WWII bull market is supported by strong fundamentals, but P/E ratios are rich by historical standards.
Unicorns, Skittles and the Delusions of Bull Markets
Advisor-owners tend to change their behavior and expectations in bull markets. But is it really different this time?
Recruiting Scene: Wirehouses Lose a Few, Win a Few
Focus adds a breakaway group, Raymond James picks up a trio, and Morgan Stanley nabs a high-net-worth team.
How One Advisor Uses Social Media to Land VIP Clients
Winnie Sun, managing director at The Sun Group, has used social media to expand her clientele to include top celebrities, athletes and Hollywood executives.
$700M Morgan Stanley Team Moves to Raymond James Indie Group
Steward Partners opens a new office in Florida with six breakaway brokers that have nearly $6 million in annual fees and commissions.
Acquired RIAs Have Become Acquirers: Dave DeVoe
M&A expert says it was a "breakout year" for sub-acquisitions amid record dealmaking among RIAs.
Mercer Adds New York RIA; 2 Groups Rejoin SII Investments: Recruiting Roundup
The RIA in the Big Apple has $100 million in assets, while the California and New Jersey advisor groups have a total of $220 million.
Wirehouses Reps Move to Baird, RBC: Recruiting Roundup
Meanwhile, two LPL-affiliated wealth firms with $2 billion in combined assets plan to merge.
Aspiriant Acquires $850M RIA in Silicon Valley, Tops $10B in AUM
With acquisition of RIA Stanford Investment, wealth management firm will have $10 billion in client AUM, says CEO Rob Francais.