How ESOPs and 1042 rollovers are reshaping RIA succession plans
As more financial advisors near retirement without clear succession plans, some RIAs are turning to ESOPs and Section 1042 rollovers to exit on their own terms.
Read MoreNews
-
-
Lawyer in Sieg litigation: Citi blew its chance to avoid this
Linda Friedman, who has made a career with Wall Street discrimination and harassment cases, is representing an ex-Citi executive in a bombshell lawsuit this week. Things didn't have to take this turn, she contends.
Read More -
Despite losses, LPL claims it kept biggest, best Commonwealth teams
CEO Rich Steinmeier looks past advisors defections to tout progress toward its goal of retaining 90% of the assets Commonwealth Financial Network had at its purchase last year.
Read More -
Do CFPs need bachelor's degrees? It's now up for debate
In the coming weeks, the CFP Board will launch a working group to reconsider whether a bachelor's degree should remain a requirement for CFP certification.
Read More -
Ameriprise notches record results amid Comerica wealth questions
Ahead of the expected closing of Fifth Third Bank's deal to acquire Comerica Bank, Ameriprise CEO Jim Cracchiolo provided few new details.
Read More -
Recruiting splurge helps Raymond James post near-record net new assets
CEO Paul Shoukry took a swipe at big private equity-backed acquirers, saying in an earnings call that most advisors want to be at firms "where they're not going to have to have another disruption in three to five years."
Read More -
Clients are bracing for a crash. Here's how to keep them invested
Red flags may abound, but so do arguments for an extended equities streak. Keeping clients on an even keel is crucial.
Read More -
Investing in alts through a self-directed IRA? Read this first
The accounts give wealthy investors more opportunities to place alternative vehicles in a tax-advantaged retirement nest egg. But mistakes can be costly.
Read More -
Why diversification matters when it comes to marketing
Social media platforms can change quickly (case in point: X). In response, advisors who may instead choose to rely on their own communication channels.
Read More -
Stifel weighs hiring investment after a "strong" recruiting year
Stifel CEO Ron Kruszewski said a surge in advisor recruiting and record wealth management results could lead the firm to invest even more in hiring in 2026.
Read More -
Citi: Sieg targeted by harassment claims merely to avoid arbitration
In a court petition, Citi cites numerous messages showing former global head of platform and experiences Julia Carreon allegedly praising Sieg for his work overhauling the firm's wealth management division.
Read More -
Wells Fargo's FiNet pulls from Ameriprise, Raymond James, UBS
Two teams and one advisor managing a combined $1.3 billion choose to set up shop at Wells Fargo's channel for independent advisors.
Read More -
Michael Kitces' new AdvisorEconomics brings benchmarking to firms
The new business intelligence service uses several key performance indicators to help advisors decide how to best manage their talent and resources.
Read More -
LPL's Linsco channel pulls $2B team from Fifth Third Private Bank
An wealth management duo from Ohio chooses LPL's unit for direct employee advisors to found Moto Wealth Partners.
Read More -
How firms use equity stakes to retain top advisor talent, drive M&A
As valuations continue to rise across the industry, more firms are using compensation to invest in their top talent and future growth, Succession Resource Group says.
Read More -
1 in 3 retirees faces an RMD tax penalty. Here's how advisors help fix it
Missed IRA RMDs can cost clients thousands, Vanguard research shows. But financial advisors can help erase tax penalties and avoid future ones with a few key strategies.
Read More -
Ex-Citi exec alleges sexual harassment against Sieg in lawsuit
Rather than investigate her claims against the head of the firm's wealth unit, the accuser claims that Citi's human resources turned its spotlight on her. Citi denies the claims.
Read More -
Behind the 'magic' of AI, advisors confront existential risk
Agentic AI will continue to automate financial planner workflows — and that's a good thing.
Read More -
To boost awareness of its retail bank, Morgan Stanley turns to E-Trade
The Wall Street giant still is often associated with deposits, lending and checking and savings accounts. But it's among the throng of firms seeking to give clients easy access to both banking and investing services online.
Read More -
The missing piece in most advisor succession plans
Many advisors haven't yet begun putting together an exit plan. Experts say there are common features and defined timelines that can help make it work.
Read More
Have any Questions?
We're here to help. Send us an email or call us at +1 (585) 329-9661. Please feel free to contact our experts.
A donation will be made by Adviser First Partners to a Veterans organization on behalf of all financial professionals and firms that register each month
Contact UsSubscribe to our mailing list.
© 2026 Adviser First Partners. All Rights Reserved.
Web Design by eLink Design, Inc., a Kentucky Web Design company