Tom Gooley Helped Build Cetera’s Scale. Now The Firm Has To Activate It
Cetera COO Tom Gooley’s planned retirement highlights Avantax integration, multicustodial growth and advisor platform execution.
Small RIAs Want Capital Without Giving Up Control. LPL Is Watching
LPL sees a minority-capital opening for smaller RIAs as deal sizes shrink and advisors seek growth funding without selling control.
LPL Tops 6,000 CFP Professionals As Financial Planning Becomes A Platform Race
LPL topped 6,000 CFP professionals as CFP Board reported record certificant growth, exam demand and planning momentum.
Sanctuary’s Enterprise Partner Model Gets Another Ohio Test As Alluvial Adds Bryan Blackburn
Sanctuary partner Alluvial added Bryan Blackburn from Carnegie, lifting assets past $1.2B and expanding its Cleveland presence.
Raymond James Taps Franklin Templeton Veteran For Independent Contractor Division As Advisor Support Race Intensifies
Raymond James named Franklin Templeton veteran Ronice Barlow COO of its independent contractor division as advisor support competition grows.
IFG Hired Kevin Keefe. The Bigger Story Is Independent Broker-Dealer Survival
Independent Financial Group named Kevin Keefe president and COO as privately held broker-dealers face growth and consolidation pressure.
Raymond James Snags Another Commonwealth Veteran With $660M In Assets As LPL Retention Test Deepens
Raymond James adds Pioneer Valley Financial Group from Commonwealth, showing how LPL’s deal keeps fueling advisor recruiting.
AmeriFlex Adds $354M Capital Insight Team From Osaic As Hybrid RIA Recruiting Builds
AmeriFlex adds Jacob Reid’s $354M Capital Insight team from Osaic as hybrid RIA recruiting competition intensifies.
Stifel’s St. Louis Tech Cuts Reveal A Bigger Platform Pressure Point
Stifel cut some St. Louis tech jobs as record wealth results show how platform efficiency and advisor support are colliding.
A Female-Led Edward Jones Team Joined Ameriprise. The Real Story Is Family Continuity
Ameriprise added Kendall Wealth Management from Edward Jones, showing how female-led family practices are choosing flexibility, technology and independence.
A Veteran Advisor Joined TritonPoint. The Real Story Is Ownership
TritonPoint Partners added Greg Powers and expanded into Arizona and California, showing how advisor-owned platforms compete for veteran talent.
Beacon Pointe Bought A Bethesda RIA. The Bigger Story Is Women-Centered Wealth
Beacon Pointe acquired The Family Firm, a Bethesda RIA with $857M in assets, expanding in the D.C. market with women-led planning depth.
Cetera Added A Schwab And Fidelity Veteran. The Bigger Story Is RIA Choice
Cetera named Paul Polese to lead RIA Blueprint, strengthening its RIA and branches strategy as advisors demand more affiliation choice.
A $1.1B RBC Team Joined LPL. The Real Story Is Business Ownership
LPL added Lighthouse Private Wealth from RBC in New Jersey, showing how technology, autonomy and team-based planning are driving advisor moves.
RBC Pulled Another Billion-Dollar Team From UBS. This Time, Detroit Was The Prize
RBC recruited BLS Financial Group from UBS in Michigan, adding a $1.1B team as wirehouse recruiting, UHNW service and legal transition risks intensify.
A Private-Credit Fund Wanted To List. First, It Had To Chase The Votes
FS Specialty Lending needed more time to win shareholder approval for its NYSE listing plan, showing why private-credit liquidity events are not simple exits.
RIAs Got The Buzz. Independent Broker-Dealers Got The Growth
Independent broker-dealers are outgrowing RIAs and captive firms as consolidation, advisor autonomy and platform scale reshape wealth management.
Bluerock Investors Voted For Liquidity. The Market Price Risk Was Waiting
Bluerock won shareholder approval to list its interval real estate fund, shifting investors from limited quarterly repurchases to daily market-priced trading.
Retail Broker-Dealer Stocks Look Ready For A Rebound. The Catch Is Client Cash
Analysts see possible upside for LPL, Schwab, Raymond James and Stifel, but rate cuts, cash spreads and advisor growth will decide the story.
Raymond James Did Not Buy Commonwealth. It Still Found A Way To Win
Raymond James recruited 18 former Commonwealth teams with nearly $4.5B in assets, turning LPL’s acquisition into a live advisor-retention test.