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.
Morgan Stanley Vet Scouts HighTower FA, Joins His Firm Instead
HighTower announced Wednesday that it had added former Morgan Stanley senior vice president and branch manager Thomas New to Kelly Wealth Management in Baltimore.
High Flyin’: Revisiting the Hybrid Model With HighTower
A few years ago, I did some publishing consulting work for Elliot Weissbluth, the CEO of HighTower Advisors in Chicago.
Focus Financial Adds $1B RIA
Portfolio Strategy Group joins the partnership with five advisors.
RIA M&A Grew 30% in 2012, With Most Deals Done by Big Firms: Schwab
National acquiring firms, like HighTower, Focus Financial and United Capital, remained the dominant buyers, with 25 of the 45 total M&A deals, Schwab reports.
HighTower’s Pagnato-Karp Group Lands Former Merrill Lynch Advisor
The advisor-owned financial services firm announced on Thursday that David Nelson has joined its Pagnato-Karp Group.