The Mariner Wealth CEO and owner will give up a board seat, but still call the shots on growth plans, as pipeline hits 10 'engagements', and may accelerate even more; 5,000-advisor goal stays intact.

The Apollo-SSGA pitch to the SEC promises Apollo will buy the alts in a pinch -- but the hitch is that it's the originator, buyer, and seller, introducing uncertainty to 'market' pricing.

Wall Street claims its next stop is $60 trillion of alts AUM, yet pressed for alts brands, individual investors at best name Fidelity or Vanguard -- Apollo, Blackrock and Blackstone don't register.

The $156-billion rollup's CEO, Bob Oros, says the deal for NEPC, a $1.7 trillion AUA pension consultant and OCIO, culminates four-year search for 'centralized' investments capability. But does it tick off the 'alts' box?

Sure, a $10 trillion business, with aging clients and advisors in an M&A boom, will see slippage, but running accounts on autopilot represents a betrayal that any firm should avoid.

Judge Jennifer L. Hall dismissed two summary judgment motions and a series of futile counterclaims that likely paves the way for a settlement

The XYPN co-founders got to 2,000 advisors with easy-RIA startup and this second OSJ-like model is more like a safety valve for the 10% who want to avoid hassles of full independence.

Wall Street analysts publicly endorsed the 50 year-old executive; LPL chief financial officer Matt Audette passed over for CEO, but he rises to president while maintaining his CFO title

The unlikely recipient of the 'RIA Nobel Prize' has been a soft-spoken, hard-hitting writer, editor, advocate and RIA 'energizer bunny' for 42 years

The New York robo's 2022 move into crypto was ill-timed. First, the digital asset market crashed, then SEC approval of crypto ETFs pushed direct holdings toward obsolescence

Michael Verdeschi says wryly Schwab's balance sheet is a 'popular topic,' but company will stay the course despite the costs of carrying expensive liquidity loans.

Schwab's CEO-in-waiting seemed to postpone an explicit custody fee indefinitely, citing abject RIA push-back

The New York City alternatives hub grew asset total $37 billion or about 22% since Sept. 2023, but if Schwab pulls lever on $4-billion revenue play at fat margins, life will be good.

The Baltimore asset manager's new product tracks its index, but factors some investments in or out, based on wider portfolio holdings and risk

Predictions are aging badly that Goldman Sachs Advisor Solutions might get nixed as big-pipeline RIAs dial it in, and Jeremy Eisenstein comes off the executive bench to be Adam Siegler's right hand.

The Dynasty Financial Partners CEO has evacuated from incoming Hurricane Milton but laments blows his staff and neighbors absorbed from Helene -- and fears the worst may yet come

The Washington regulator nailed RIAs with misuse of award mentions, using the new Marketing Rule as cudgel after declaring false advertising a 2024 priority

RIAs have had a limited back-channel to the c-suite since Bernie Clark's departure, and Wurster remains an unknown to the industry.

The president and CEO-in-waiting has all but Walt Bettinger reporting to him, and spearheads huge initiatives in alts, banking, private banking and proprietary investments

CEO grew the company by $8 trillion in assets to 'powerhouse' status amid significant accomplishments -- sans RIA mention -- but shares are sagging, and its bank remains a sore subject.

Analysts stunned, seeking further clarity from LPL on future leadership, are reassured by company that 'no further shoe will drop'

Well-regarded, Steinmeier has been LPL's go to player, after he was promoted to chief growth officer in May

CEO Jeff Yabuki says the company had to 'take a little step back' but can now use its APL machinery to go back on the attack for an awesome objective -- to become the central clearinghouse of alternative investments to wealth managers via model portfolios