A $1.2B UBS Team Went Independent. The Bigger Story Is What Independence Now Means.
Sanctuary landed a $1.2B UBS breakaway while Raymond James added Commonwealth and Wells Fargo teams, showing how advisor independence is changing.
Cetera Paid $1.2B For Avantax. The Tax Channel Was The Real Prize.
Cetera paid $1.2B for Avantax despite modest assets per advisor. The real prize was its tax-focused advisor and CPA distribution network.
LPL Paid $805M For Atria. The Retention Bet Became Its M&A Blueprint.
Osaic bought Lincoln Wealth’s 1,450 advisors and $108B while consolidating its own broker-dealers. The deal shows what scale was really meant to buy.
Osaic Was Simplifying Eight Broker-Dealers. Then It Bought Two More.
Osaic bought Lincoln Wealth’s 1,450 advisors and $108B while consolidating its own broker-dealers. The deal shows what scale was really meant to buy.
The Broker-Dealer Index Rally Was Really A Bet On Wealth Management
The broker-dealer index surged after the 2024 election, but wealth stocks still depend on rates, regulation, M&A and advisor growth.
Advisor Recruiting Is Becoming A Battle Over Choice
LPL’s latest advisor hires from Wells Fargo and Lincoln Investment show how affiliation choice, niche clients and service now drive recruiting.
A UBS Advisor Left For LPL. The Model Matters More Than The Move.
LPL’s Oxford Oaks Capital hire from UBS shows how Linsco is using employee support, autonomy and technology to recruit veteran advisors.
Commonwealth Disruption Gave Raymond James A Recruiting Opening
Raymond James’ strongest recruiting outlook since 2008 shows how Commonwealth disruption, advisor choice and culture drive advisor moves.
Raymond James Is Turning Active ETFs Into Advisor Infrastructure
Raymond James ETF Platform Turns Product Into Strategy
Osaic’s Next Test Is Turning Consolidation Into Growth
Osaic’s management reorganization shows why advisor growth, service, technology and leadership stability now matter after Journey to One.
Why Wealth Consulting Group Is Building A Growth Brain Trust
Wealth Consulting Group’s advisory board shows how hybrid RIAs are using outside expertise to scale M&A, technology and advisor support.
WCG Hired A Platform Operator. That Says A Lot About Its Growth Plan.
Wealth Consulting Group’s Andy Kalbaugh hire shows how midsize hybrid RIAs are adding platform leadership for growth, M&A and succession.
Atria Layoffs Put LPL’s Commonwealth Promise Under A Microscope
LPL’s Atria layoffs show why Commonwealth advisors are watching whether culture, service and staffing promises hold after M&A.
LPL Did Not Just Buy Assets. It Bought A Bank-Wealth Growth Engine.
LPL’s Financial Resources Group deal shows how giant OSJs, bank programs and branch offices became strategic acquisition targets.
A Regional Brokerage Joined LPL. The Hard Part Was Preserving Its Identity.
LPL’s Boenning & Scattergood acquisition tested whether a 108-year regional brand could move into Linsco without losing culture.
The Old IBD Rule Was Hands Off The Client. That Rule Is Breaking.
LPL’s Financial Resources Group deal shows how giant OSJs, bank programs and branch offices became strategic acquisition targets.
Advisors Need Capital. Raymond James Wants To Be The Partner.
Raymond James’ advisor equity financing program gives independent practices capital while testing control, succession and M&A strategy.
Insurance Wealth Units Are Looking For Scale. Cetera Just Added Another.
Cetera’s Concourse Financial Group Securities deal adds scale, advisors and a new test of insurance-affiliated broker-dealer integration.
Cetera’s Minority-Capital Playbook Is About Keeping Advisors Close
Cetera’s minority stake in CCR Wealth Management shows how broker-dealers can use capital, succession and growth support.