People Moves Related to "The genius of how T. Rowe Price's new robo extends its $165-billion automated advice franchise -- namely as a maker of target date funds"
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T. Rowe Price follows sale of $1 billion stake to Goldman Sachs, with key hire, to help 'co-create' and sell co-managed portfolios
Apr 1, 2026Bill Cashel's job will be to sell alts to RIAs and brokers including from Goldman Sachs Asset Management and in-house private credit unit Oak Hill
Plague of failed hires at strapped RIA firms 'come back to bite them,' making the process of closing bandwidth deficits falter, two new studies show
Feb 28, 2024Turnover rates hover near 50%, Cerulli and Ensemble report, and may be worsening as hires in market of talent scarcity has inevitable backlash.
The classic RIA era is sputtering and firms must 'decentralize,' hiring non-advisors to specialize, new Cerulli report shows, or RIAs will 'limp along,' a second consultant says
Jan 13, 2024RIA principals have killed Wall Street with semi-solo shops -- only 35% have 'specialized staff' -- but the comfort zone must evolve for growth