Choosing to leave the firm where you built your business often comes down to what we call push and pull. Pushbacks are usually those things that are limiting or frustrating you. Drives are the desire to achieve something bigger: A vision of a future that allows you to serve customers and grow business with less…

Leading up to a highly contested presidential election, financial advisers' confidence in the economy improved slightly during the month, although stock market sentiment, while still elevated, eased slightly. According to the last September reading from Wealthmanagement.com's The monthly index of advisers' sentiment, confidence in the economy rose three points to 103, climbing slightly into positive…

$24 billion advisory firm Lido Advisors has acquired Platte River Wealth Advisors, a Louisville, Colo.-based RIA with more than $600 million in assets under management. With this transaction and recently announced deal with Pegasus PartnersLido's total assets will grow to about $27 billion to $28 billion. “This further strengthens our position in the Colorado market,”…

We live in an age of information overload, where the challenge is not to access or distribute information, but to attract attention. Against this backdrop, clarity has become a seemingly rare commodity. Financial advisors know that earning clients' trust is vital, but too often, their value is hidden beneath layers of jargon and complexity. Marketers…

Open, frank and honest discussion about Hightower's NEPC deal, RPA acquisitions, Agilis Partners launching an annuity platform and more. Source link

More than half (52%) of investors surveyed this year have only worked with one adviser, while a quarter have voluntarily switched advisers once and 17% have moved twice, according to a new survey from Dynasty Financial Partners . The firm released its annual Dynasty Connect Survey conducted in July regarding Absolute Engagement. The survey was…

Rich Steinmeier, who was recently appointed to the role of CEO at LPL Financial after the unexpected the dismissal of Dan Arnold earlier this month, led its first quarterly earnings call on Wednesday, along with Matt Audette, CFO and president. There were no new details on the reasons behind the latest leadership change, and Steinmeier,…

SEI this week announced the launch of SEIGPT, its new framework for building generative AI applications. For now, the technology, investment and asset management provider for advisors is only using new tools and applications powered by SEIGPT to increase efficiency and reduce cost in areas that include customer service, process automation, human resources, analytics of…

A Baltimore-based advisory team with more than $1 billion in assets under management is joining RBC Wealth Management from Morgan Stanley, the second team to do so this week. The Quarry Lake Group, which includes managing directors, financial advisors and senior portfolio managers Avigail Rosemore and Avi Greenlinger, will join RBC's Quarry Lake branch. Related:…

Evoke Advisors is acquiring Crescent Bay Advisors, a California-based multifamily office, enhancing its ability to provide family office services to clients. Evoke is a $25.3 billion RIA that works with very high net worth individuals and families. It was founded in 2019 by some breakaways from the First Republic. The combined firm will be based…