Building Your Business
Explore the latest industry news and advice that can help financial advisors build and grow successful practices.
Is It Time to Switch to Fixed-Fee Retainers?
By Angie HerbersThe fixed-fee retainer model now has higher client retention rates than the asset-based fee model, our research finds.
July 21, 2021
Empower to Buy Prudential's Retirement Business for $3.55BEmpower will acquire Prudential's defined contribution, defined benefit, nonqualified and rollover IRA business.
July 20, 2021
LPL Financial Nabs $700M Morgan Stanley TeamThe group has three advisors, is based in Los Angeles and has an office in Las Vegas.
July 20, 2021
Mariner, AdvicePeriod to Form $48.1B RIAMariner's deal to acquire AdvicePeriod follows an investment in Mariner by private equity firm Leonard Green & Partners.
July 16, 2021
SEI Restructures Advisor BusinessThe development follows the TAMP's March 31 acquisition of Oranj's technology platform.
July 15, 2021
Envestnet, Dynasty Report Strong Demand for ASx Platform: Tech RoundupAlso, AltsAxis launched an alternative investment platform and social network.
July 15, 2021
AIG Agrees to More Than $7.3B in Deals With BlackstoneAIG says the cash will help support efforts to separate from the Life & Retirement business.
July 15, 2021
RIA Deal Activity Cools in Q2Deals are down from a strong first quarter, but 2021 is on track to exceed last year, according to DeVoe & Co. and Echelon Partners.