Advisor M&A on a Tear in 2015: Schwab
Both the number and value of deals increased in the first half of the year; the average deal size was $1.3 billion in AUM.
Robo-Advisors Are Only the Beginning of a Bigger Digital Shift
Robo-advice is “not a magic bullet for all clients, and it’s not the only digital solution” advisors should consider, Jill Jacques of North Highland says.
‘Time of Abundance’ for RIAs: Schwab
RIAs are thriving, and it's not just because of the bull market, Schwab's Jon Beatty says.
AssetMark Acquires $1.75 Billion in Assets of Clark Capital’s TAMP
The deal will also add nearly 700 advisors and Clark’s Personal UMA to AssetMark platform, bringing its total assets to $27 billion.
New Hire Roundup: Advisor Software Adds Nguyen as Chief Technology Officer
Meanwhile, Hartford Funds announced that Tom Scanlan, Tom Monks and Nick Hammer have joined as advisor consultants.
New Hire Roundup: MarketCounsel Hires 2 to Expand Business Growth
Meanwhile, the Financial Services Roundtable welcomed Chris Feeney as president of FSR’s technology division BITS.
New Hire Roundup: Ken Fisher Isn’t Retiring, He’s Dropping a Title
Reports of Fisher’s imminent retirement were exaggerated. Meanwhile, asset management firm TCW Group announced that Heather Conforto Beatty joined as SVP.
The Changing Face of Wealth Management
Wealth management now and in the future will be as different as the makeup of the (changing) wealthy. It will also be very similar.
Roll-Up Firms Biggest RIA Buyers in First Half of 2014
The pace of advisor M&A deals remained fairly steady, according to research by Schwab Advisor Services.
New Hire Roundup: SEC Names Schnurr Chief Accountant
In another personnel move, Nancy Rimington joined GW&K Investment Management.