Skip to content
Wednesday, October 28, 2026 · Today’s edition, 6:30 a.m. ETWed, Oct 28 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in
NewsRIAs

Estate Planning Seen as Ongoing Service, Not One-Time Event

Advisors who treat estate plans as static risk client defection, with 68% of advised clients open to switching.

At a glance

  1. Buck Patton of Truxton Wealth said an estate plan is foundational to a holistic advisory relationship and should be reviewed at every client meeting, while David Haughton of Carson Group argued advisors are best positioned to monitor evolving family dynamics and tax law changes.
  2. A 2026 Trust & Will report found that 68% of advised clients would consider switching to an advisor who offers estate planning.
  3. Estate planning capability is a competitive differentiator for RIAs.

InvestmentNews reports that estate planning is being reframed as an ongoing client service, not a one-time document signing, by advisors at Truxton Wealth and Carson Group. Buck Patton of Truxton Wealth said an estate plan is foundational to a holistic advisory relationship and should be reviewed at every client meeting, while David Haughton of Carson Group argued advisors are best positioned to monitor evolving family dynamics and tax law changes. A 2026 Trust & Will report found that 68% of advised clients would consider switching to an advisor who offers estate planning.

Why it matters

Estate planning capability is a competitive differentiator for RIAs. The survey data suggests advisors who embed estate-planning reviews into their service model may strengthen client retention and AUM, while those who treat plans as static risk losing clients to competitors that offer this service.

Reported by the RIA desk from InvestmentNews. Published . Corrections

Related

PWD View, OpinionThe Close

RIA M&A's scarce input is now the post-close operator

Beacon Pointe, SignatureFD, BridgePort and 1834 all hired for the half of the deal that starts after the wire clears.

Moves

The estate-planning attorney's new client is the multi-state RIA

David Haughton's path from an estate-planning fintech to a mega-RIA to a 50-state law firm maps where the wealth transfer actually gets administered.

Moves

ICG next moves $2.3 billion from LPL to Osaic, citing platform and deal support

The Wall Township, N.J., firm launched with LPL in 2019 and has nearly tripled in size since, according to Osaic, and plans to grow through recruiting and acquisitions.

RIAs

Raymond James posts record fiscal 2026 net revenue of $15.79 billion

Fee-based Private Client Group assets rose 15% year over year, and asset management and related administrative fees grew 23% in the fourth quarter.

Private Wealth DailyThe morning edition

The private wealth industry in four minutes, every morning at 6:30 a.m. ET. Free.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections