News, Vision & Voice for the Advisory Community


How WilmerHale is positioning its $3.3B-AUA RIA as outsourcer and owner in a $750-billion market

Silver Bridge, backed by the high-power law firm and headed by a former JPMorgan Chase division president, is exploiting the need of single-family offices to gain scale without merging to become multifamily offices

Author Charles Paikert June 25, 2012 at 4:55 AM
no description available
Steve Prostano: [SFOs] still don't want to invest in the business.

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Executive shake-up and staff hiring binge change Dynasty Financial Partners' talent mix, with Todd Thomson, Scott Welch, Ed Friedman and 12 women as headliners

The St. Petersburg-based producer of 'synthetic RIA scale' will continue to aggressively hire and adjust its talent ranks as it readies for next growth push.

September 24, 2019 at 2:02 AM

Bill Crager shuffles the deck on management team created just seven months ago: Tony Leal is out of 'Big Three' inner circle, replaced by Morgan Stanley vet Rose Palazzo

The RIA software 'trailblazer' and co-founder of MoneyGuidePro has been working on departure for a year; will transition to a 'consultant,' company says

January 7, 2023 at 1:50 AM

November 18, 2022 at 2:56 AM

Envestnet just named an ESG head to meld 'wellness,' 'The Intelligent Financial Life' and 'sustainable investing' into a single nirvana -- that starts outside of the product realm

Ron Ransom earned CEO Bill Crager's trust as chief business development officer and now will define how Envestnet conducts itself as a global citizen and vendor of wellness.

July 27, 2022 at 2:27 AM

See more related moves

Mentioned in this article:

Family Wealth Alliance
Top Executive: Thomas R. Livergood

Envestnet Inc
Top Executive: Jud Bergman

Dynasty Financial Partners LLC
Specialized Breakaway Service, Mergers and Acquisition Firm, RIA Set-up Firm
Top Executive: Shirl Penney

Elmer Rich III

Elmer Rich III

June 25, 2012 — 6:40 PM

It’s a shame our industry is exclusively sales-oriented and not business planning or market development oriented. How many senior leaders even have MBAs? We haven’t met one.

It would be useful to have market sizing and market share data, just at the most basic business planning and analysis level. Intuitively, we sense growth but we don’t know if these “green shoots” represent a single “plant” or a new market/“ecosystem.”

Jeff Spears

Jeff Spears

June 25, 2012 — 11:31 PM

Another business model trying to address the problem of economies of scale using outsourcing.

I agree with the premise, but remained challenged by what the clients, with the assets, are willing to pay.

I hope Siver Creek solves that!

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