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One of the founders of Legacy Edge Advisors, Scott Israel, said the firm had reached the point where it needed a CEO to oversee growth, including adding more advisors and assessing capital needs.

Investment advisers are currently limited to charging performance fees to so-called qualified clients.

Advisors are also relying more on models when constructing model portfolios.

Who will inherit the legendary singer and philanthropist’s estate?

Who will inherit the legendary singer and philanthropist’s estate?

A shift in identity can lead to changes in what a client needs.

Three provisions need a fresh read.

Private equity firm New Mountain is selling the hybrid RIA back to its founding family after completing a CEO succession plan this June.

The acquisition is the largest for F.L. Putnam to date and comes shortly after Bixby Wealth bought out Emigrant Partners for a minority stake in the $12B RIA.

The St. Louis-based hybrid broker/dealer brought on practices from Commonwealth and Wells Fargo, reaching $60B in total assets.

After posting years of positive returns, Wall Street’s momentum trade has nosedived in recent months. Dave Nadig unpacks how the suite of proposed NHL ETFs would work if approved by the SEC. These are among the investment must reads for financial advisors this week.

Also, Cyndeo Wealth lands a growth officer from partner Dynasty; Merit hires its first CTO; employee-owned Coldstream adds two to leadership; and Live Oak RIA lending division hires from within.

Daejon Love and Taylor Chan were arrested for wire fraud for allegedly using fake identities and romance scams to steal from at least 26 victims.

The program pairs third-party models with Orion’s custom indexing tech.

Sequoia Financial’s second-plus-$1 B deal of 2026 expands its presence in Colorado.

Allworth made the double deal a few months after adding a third external investor to its capital table.

Hightower’s growing Signature Wealth channel goes with wealth data ‘orchestrator’ Dispatch to manage back-office operations, including advisor and client onboarding.

Separately, $6.9 billion Sowell Management, which is backed by Merchant, has launched a division offering tax, estate, and planning as RIAs continue to push wealth services beyond investment management.

The changes were modest, indicating that RIAs were strategically adding new ETFs to fulfill specific roles within their portfolios.

The custodian and tech provider's new tool creates comprehensive plans in minutes, automating workflows that previously took advisors hours to complete.