Thomas H. Lee Advisory Partner Buys Stake in $2B Austin RIA
By Jeff BermanKent Weldon, who is also a Morgan Stanley alum, is backing an RIA led by Merrill Lynch veteran Russ Norwood.
November 17, 2021
Commissions Will Be Gone Within a Decade: American Portfolios' DolberThe industry veteran and LUMINARIES 2021 winner also says subscription-based services are on the rise.
November 17, 2021
KKR Makes Large Investment in $20B RIA Beacon PointeBeacon Pointe, led by CEO Shannon Eusey, now includes about 110 financial advisors.
November 16, 2021
AllianceBernstein Expands Offerings for AdvisorsThe firm has created a practice management consultant program with the Vanderbilt Owen Graduate School of Management.
November 11, 2021
Schwab Asks Court to Dismiss Class-Action Suit Over Cash SweepsThe firm says the case should be dismissed "for lack of jurisdiction" and a "failure to state a claim on the merits."
November 11, 2021
XYPN to Launch Virtual Assistant Program for Advisor MembersA pilot for the program is expected to start in Q2 2022, says Alan Moore, XYPN CEO and co-founder.
November 11, 2021
Vanguard Model Portfolios Added to CircleBlack Platform: Tech RoundupAlso, Betterment for Advisors made a deal with an advisor-client matchmaker.
November 11, 2021
Creative Planning to Buy $110B Retirement UnitThe new business will be known as Lockton Retirement Services, an Offering of Creative Planning.