News, Vision & Voice for the Advisory Community


Advizent will close its doors after a final flurry of negotiations

Charles Goldman and Steve Lockshin had a moment of truth after receiving offers for funding

Thursday, March 28, 2013 – 11:43 AM by Brooke Southall
no description available
Charles Goldman: Once you take someone else's money, you have a commitment.

Related Moves

AssetMark suddenly parts ways with president/CEO Charles Goldman; protégé Natalie Wolfsen named CEO; Michael Kim president

AssetMark chairwoman Xiaoning Jiao provided no details, faint praise for Goldman amid his unexpected departure, but was effusive over Wolfsen appointment.

February 24, 2021 – 3:31 AM

Mike Alfred scores headhunt coup by hiring brother, Ryan -- and, oh yeah, he raised $6 million

The co-founder and CEO of Digital Assets Data not only got his ace sibling but co-founder Kurt Fenstermacher, ex-Bridgewater, took over as COO changing the trajectory of the startup

April 30, 2019 – 5:25 PM

RIA in a Box gunning for top-notch staff as it readies for Aquiline-fueled roll-up binge, targeting old-school, mom-and-pop compliance competitors

With Ascensus also in its portfolio, Aquiline is showing a penchant for taking dull, fragmented, unloved wealth-management niche businesses and rolling them up into sexier firms

November 29, 2018 – 11:54 PM

Mentioned in this article:

BrightScope, Inc.
Data and ratings for RIAs

Dave Welling

Dave Welling

March 28, 2013 — 5:09 PM

I think the industry should thank Charles, Steve and their team for taking on a critical topic but also a daunting challenge. The RIA industry has grown significantly, yet advisors continue to cite marketing and growth as their biggest challenges. Combine that with investors who are at best confused about the differences between advisors and at worst still massively distrustful and skeptical, and this was a great idea and still something the industry needs to grapple with. This leaves the education and category development in the hands of custodians and associations. Hopefully they will continue to advance their education efforts or (in time) change their stance on supporting an effort like this that would have benefited all.

Best of luck to Charles, Steve and the team… hopefully you will find other ways to help this great industry.

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

RIABiz Directory sponsored by:

Directory Sponsor Logo