LPL’s Marc Cohen expects RIA consolidation to accelerate in 2026 as private equity cycles, succession pressure and platform scale reshape M&A.

Kestra’s Commonwealth advisor wins and LPL recruiter hires raise questions about growth, culture fit and private-equity timing.

Osaic’s Bain-linked recapitalization gives the firm new capital, but advisor retention and post-integration growth remain the real test.

Osaic secured more than $2B in new capital as Bain Capital joined investors, giving the wealth platform more room for growth.