3+ day, 1+ hour ago   (770+ words) Scott Kahan helped organize volunteer financial planning for victims' families after the terrorist attacks, launching a movement that continues today. Scott Kahan, the president of the New York-based firm Financial Asset Management Corporation, recalled arriving in San Diego for the…...

4+ day, 19+ hour ago   (500+ words) Envestnet signed an agreement Wednesday to acquire Vestmark, the wealth management technology provider that supports more than $2 trillion in assets across more than 5 million accounts. The deal is expected to close in the fourth quarter. Terms were not disclosed. The…...

4+ day, 17+ hour ago   (313+ words) The RIA partnered with ADP to deliver retirement plan advisory services, investment management and financial planning to employees at smaller companies. Edelman Financial Engines is extending its retirement plan advisory and fiduciary capabilities to the small and mid-sized business market....

5+ day, 18+ hour ago   (468+ words) In a day of recruitment wins, Bank of America’s Merrill Lynch announced the addition of an advisor team from Morgan Stanley and solo advisors from Truist and Wells Fargo. Bank of America’s Merrill Lynch has added several advisors from rivals,…...

5+ day, 20+ hour ago   (489+ words) Some investors are letting AI agents do their investing, but skeptics worry about the risks. State Street and UC Investments have launched an “endowment inspired” ETF. These are among the investment must reads for financial advisors this week. He’s Letting…...

1+ week, 4+ day ago   (296+ words) Private equity firm New Mountain is selling the hybrid RIA back to its founding family after completing a CEO succession plan this June. New Mountain Capital, a New York-based investment firm, announced Wednesday that it had exited its investment in…...

1+ week, 4+ day ago   (458+ words) 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. F.L.Putnam Investment Management Company, a Lynnfield, Mass.-based registered investment advisor with more than…...

1+ week, 5+ day ago   (421+ words) Allworth made the double deal a few months after adding a third external investor to its capital table. Allworth Financial, a Folsom, Calif.-based registered investment advisor, has brought on two firms with a combined $947 million in client assets, pushing…...

1+ week, 5+ day ago   (419+ words) Sequoia Financial’s second-plus-$1 B deal of 2026 expands its presence in Colorado. Sequoia Financial Group, an Akron, Ohio-based wealth manager with $34.9 billion in assets under management, has acquired BSW Wealth Partners, a Colorado-based registered investment advisor with $2.3 billion in client assets....

1+ week, 6+ day ago   (95+ words) What does it mean for their plans? America's relationship with government debt is what the psychologists call co-dependency. We can’t live with it; we can’t live without it. We know it cannot last forever, but we love the benefits of…...