HighTower, Focus Add Wirehouse Advisors
Raymond James, Commonwealth and Wells Fargo also recruit reps from rivals.
HighTower Launches Third Leg of Advisor Platform: The Alliance
Gavion, a $20 billion investment consulting firm to institutions, will be building its own HighTower-like partnership in the South for “corner office” fee-based advisors.
Wirehouse Teams Move to HighTower, Raymond James
Meanwhile, Advisor Center helps seven advisors transition to IBDs in its network with about $520 million in assets.
HighTower Growth Continues With Andriole Group From Merrill
Group that manages $700 million is first from Connecticut to join HighTower, and 40th overall.
Pipe Down: How to Play the New Oil Boom Without All the Risk
Many advisors are using an ETN that focuses solely on the beneficiaries of the oil and gas boom, not the boom itself.
RIA First-Half Dealmaking at Slowest Pace Since 2008: Schwab
Why? Advisors may be more focused on organic growth than M&A right now, says Jonathan Beatty of Schwab Advisor Services.
HighTower Rolls Out Mercer Portfolio Tool
The partnership means advisor teams affiliated with HighTower now have access to institutional-type research for asset management.
Advisors, Start Preparing Now for the Post-Boomer World
After years of baby boomer-this and baby boomer-that, urgent attention is now being directed at next-generation wealth accumulators—and how best to serve their needs.
New Hire Roundup: HighTower Expands Development Team
This week in new hires, HighTower welcomed Thomas Brown and Frank Epinger to its development team. Citibank named Mark Mason private bank CEO and Jane Fraser CitiMortgage CEO.
RIAs Closed 13 M&A Deals in Q1: Schwab Advisor Services
The RIA sector notched its greatest number of M&A deals since Q1 2012, but overall deal size declined.