Advisors archive
Every Advisors story, newest first. 858 stories
13 stories
- Recruiting & transitions
BNY Pershing retires Wove and shifts RIA platform reset to Adam Vos
RIABiz reports the successor platform has no name and describes Adam Vos, Pershing's new RIA head, as unproven in custody.
- Recruiting & transitions
Fidelity plans $100 million RIA custody minimum with June 2027 deadline
Rival custodians are already competing for the few hundred firms below the planned $100 million threshold, up from $15 million, Kitces reports.
- Practice management
XYPN AdviceTech judges press six finalists on fit with existing systems
Six vendors demoed roughly seven minutes each at XYPN LIVE in San Diego on September 30, and the panel's questions turned on data access and CRM overlap.
- Tax & estate planning
How a family's advisors can each see only part of its finances
WealthManagement.com's analysis argues individually sound recommendations on company shares, taxes or a move abroad can conflict once combined.
- Practice management
Pathstone credits client events for referrals as assets reach $200 billion
CEO Matthew Fleissig says the firm will host 77 client events in 2026; acquisitions account for much of the asset growth.
- Practice management
Nearly 40% of retirement investors want a detailed income plan, Cerulli finds
The 1,740-person Cerulli 401(k) survey polled active account owners and retirees; Bento Engine launched an MCP layer for compliant AI content.
- Products & portfolios
SEC proposes expanding cross trading by registered funds
The proposal would restore cross trading in most fixed-income securities and require aggregated reporting of trading activity and cross trades.
- Recruiting & transitions
Diamond report puts employee-model recruiting packages at up to 425% of revenue
The first-half transition report counted 1,449 experienced-advisor departures against 932 recruits across the four wirehouses.
- Practice management
Wealth Solutions Report commentary says platforms overlook mid-sized advisors
The commentary's practical tests are whether one team supports investment and insurance needs and whether an advisor can reach someone who understands the practice.
- Practice management
WMIQ advisor market sentiment falls to 115 as economic outlook improves
The economy reading rose to 106, while 39% of respondents expect a six-month market decline.
- The Advisor's Note
Goldman Sachs COO John Waldron could become CEO in January, RIABiz reports
RIABiz says Waldron oversaw the Folio Institutional acquisition and the Creative Planning custody deal.
- Succession & selling a firm
Hightower Signature to add $1 billion Synergy, a partner since 2017
The announced deal would add 15 employees and push the Hightower Signature channel past $40 billion in assets.
- Recruiting & transitions
Advisors under Fidelity's $100 million custody minimum face months of repapering
Brad Wales says the June 30 deadline allows enough time for a three-phase move, but advisors should not wait to start repapering.
17 stories
- Recruiting & transitions
Goldman COO John Waldron could become chief executive in January, RIABiz says
RIABiz, citing press reports, says Waldron oversaw the Folio Institutional acquisition and the Creative Planning custody deal.
- Practice management
Coalition Greenwich finds 22% of $100,000-to-$5-million households use both advisors and DIY accounts
Hybrid and DIY-only investors raised more cost concerns than advice-only clients, and hybrid clients were more likely to say they could soon leave their advisor.
- Practice management
IRIC’s Kevin Crain urges plainer retirement income language for client talks
He cites a 2013 NBER study where 72% of respondents wanted an annuity framed as spending payments, versus 21% when it was framed as an investment.
- Succession & selling a firm
Hightower Signature to add $1B Synergy Capital Solutions
The Bloomfield Hills, Mich., RIA has been a Hightower partner since 2017; the announced deal would bring 15 employees and push the channel past $40 billion in assets.
- Practice management
More than 60 million children auto-enrolled in Trump accounts; stock-donation proposal out for comment
The Oct. 7 announcement brought the total to nearly 70 million accounts, from about 7 million before auto-enrollment, according to a Treasury official.
- Recruiting & transitions
Orchard Financial Group, a $580 million Ameriprise team, joins Wells Fargo's FiNet
The Los Angeles team produced $4.3 million in annual revenue and brought three additional advisors and four support staff, a spokesperson for the hiring firm said.
- Products & portfolios
Vishal Khanduja turns bullish as Eaton Vance bond fund tops benchmark duration
$4.1 billion Eaton Vance Total Return Bond Fund ran 6.07 years of duration in June against 5.8 for its Bloomberg US Aggregate benchmark.
- Tax & estate planning
WealthManagement.com: equity plan portals explain awards but not tax and concentration decisions
The October 8 analysis says record-keeper sites show vesting schedules and plan rules but leave employees to weigh tax bills and concentration.
- Practice management
Orion to charge vendors a Connected Ecosystem Support Fee for platform data
Vendors told WealthTech Today that quoted fees reach as high as $20,000 a month; Orion says the program funds infrastructure, governance and connectivity.
- Succession & selling a firm
RIA partner buy-ins should be debt-financed, not savings-funded, column argues
The column's authors cite a 40% higher completion rate for structured-capital transitions than for personal-wealth funding.
- Tax & estate planning
Bryn Mawr Trust's Jamie Hopkins weighs CRUTs for inherited IRAs
In a Trusts & Estates video, Jamie Hopkins says non-spouse heirs now have 10 years to distribute an inherited IRA, down from decades of potential deferral.
- Tax & estate planning
Roth IRA transfers to a new custodian do not reset the five-year clock, Ed Slott's IRAHelp says
Brenner says an inherited IRA passes to the primary beneficiary at death; if the spouse then dies without naming a beneficiary, the custodian's default—often the estate—decides.
- Tax & estate planning
A 60-day IRA rollover can bridge a cash crunch, with two rules to track
IRAHelp says the once-a-year limit counts traditional and Roth IRAs together, and a missed deadline can leave the distribution taxable and penalized.
- The Advisor's Note
Merrill, Morgan Stanley, UBS, Wells Fargo lose net 517 experienced advisors in H1 2026
The first-half decline already exceeds 2025's net loss of 302 experienced advisors, according to Diamond Consultants.
- Recruiting & transitions
Big four wirehouses lost a net 517 experienced advisors in first half of 2026
Merrill, Morgan Stanley, UBS and Wells Fargo are the four firms in Diamond Consultants' count, which already tops the 302 they lost in all of 2025.
- The Advisor's Note
F2 Strategy finds 87% of wealth firms use or pilot AI
F2 Strategy's Q2 2026 survey of 40 firms overseeing $8.6 trillion finds AI technology spending has a very weak correlation with measurable business value.
- Tax & estate planning
Colorado Amendment 87 would set top income tax rate at 8.4%
Amendment 87 would apply top initial rates of 7.4%, 7.9% and 8.4% above $500,000, $750,000 and $1 million, replacing the state's 4.4% flat tax.
10 stories
- Practice management
Ewen Harris says AI should buy time for client conversation, not replace it
Janus Henderson found 79% of investors would see undisclosed AI use as a problem.
- Practice management
InvestorCOM finds 44% of rollovers occur before savers turn 59½
Panelists say advisors must reach plan participants years before a job change or rollover decision.
- Recruiting & transitions
Fidelity says a few hundred advisory firms face its $100 million custody cutoff
Affected firms hold less than 1% of the $5.8 trillion Fidelity administers across 3,300 RIAs, family offices and broker/dealers.
- Practice management
Tax Foundation counts roughly 40 state tax measures on November ballots
The Oct. 7 podcast episode covers proposals on top-earner rates, constitutional rate locks, property tax relief and a Missouri fund that could replace every state tax.
- Recruiting & transitions
Betterment waives custody fees through Dec. 31, 2028 for RIAs transferring from Fidelity
The offer has no asset minimum and a June 30, 2027 sign-up deadline; Fidelity set a $100 million threshold for staying on its platform.
- Tax & estate planning
WealthManagement.com column: entity structure determines what a judgment can reach
The column says a personal judgment usually cannot reach business profits, though owners can lose access to their own assets.
- Products & portfolios
IUL income illustrations assume level crediting and a full-equity benchmark, WealthManagement.com column says
One reviewed projection promised income above 9% of starting cash value from a policy crediting under 7%, the column says.
- Tax & estate planning
Bank of America survey: 47% of wealthy see next generation prepared for family giving
Wealthy parents' confidence that their children share their commitment to philanthropy fell to 65% from 76% in 2024.
- Succession & selling a firm
Bridgemark's Jeff Nash on how RIA sales change G2 advisors' path to ownership
The sale can deliver a financial windfall while altering the route to independence, with founder-side guidance on timing, equity terms and legal counsel.
- Practice management
Kitces publishes Clearnomics' seven charts for Q3 client conversations
The quarter the deck covers included a 10-year Treasury yield that touched 5.30%, the Fed's first rate hike in three years, and the S&P 500's 27th record high of 2026.