LPL Financial is facing a class-action lawsuit that could test whether advisors have an ongoing duty to warn clients when an insurance company behind an annuity begins to deteriorate. Plaintiff Kerry ...

Advisors looking to win over clients who have parted ways with their previous advisors should quickly get past why things did not work out and move on to understanding how they can build a ...

Global investment firm Carlyle has completed its majority stake acquisition of MAI Capital Management, which values the Cleveland-based RIA at more than $2.8 billion. The deal, which was announced in ...

Social Security beneficiaries will lose an average of $500 per month in benefits if the program's trust fund is depleted in less than seven years, as predicted, according to a new analysis. For the ...

Perhaps one should avoid the temptation to use house metaphors when describing something like an RIA business. And yet. Like your house, your advisory firm has likely got a lot of your personal stake ...

Individual life insurance premiums posted record sales in 2025, says Limra. But 2026 is expected to lag. In a survey covering 85% of the U.S. life insurance market, the Windsor, Conn.-based industry ...

Private equity-backed Arax Investment Partners, a New York wealth and asset management platform, has acquired Pinnacle Peak Private Client Group, an Arizona RIA that manages $460 million in assets.

If you’re considering creating a models-based Unified Managed Account (UMA) program, the single most important question you need to answer is: sleeves or no sleeves? The main case for sleeves is ...

Beginning almost 20 years ago, an obscure advisor in El Cajon, Calif., published a series of papers defining sustainable withdrawal rates from retirement portfolios. Based on a historical ...

Registered investment advisors continue to grow their advisor headcount at a faster pace than other channels and by the end of 2027 are expected to control more than 30% of the industry’s ...

Sarah lost the $20 million account six months after the liquidity event. Her client, David, had sold his manufacturing business. Sarah had done everything right—on paper. She optimized the tax ...