Washington State Considers RIA Insurance Mandate
An organization of investors' attorneys supports the regulation, arguing it could address the continued issue of unpaid arbitration awards.
UBS Recruits 3 Advisor Teams of Combined $2.6B in Client Assets
The advisors join UBS from competitors Merrill Lynch and Morgan Stanley as the Swiss bank seeks to bolster its wealth management footprint in North…
Knicks Stars Stash Wealth With Goldman and Ex-Villanova Teammate
A team that works with some of the Knicks players has a unique asset: Matt Kennedy, a 6-foot-2 Villanova University graduate who spent years…
Blue Owl Plans Creating Publicly Traded Data Center REIT
The alternative asset manager expects to seed the REIT with about $6.5 billion of its own data center assets.
Deals & Moves: NewEdge Wealth, LPL, Osaic Poach From Rivals
In other M&A news, acquisitive RIAs Wealth Enhancement, Maridea and Summit Wealth add firms ranging from Alaska to Pennsylvania.
SEC Aims to Rescind Pay-to-Play Rule for Advisors
Chair Paul Atkins argued the 2010 rule effectively suppressed political speech by advisors, which one consumer protection advocate called a "lie," saying it curbed…
WealthStack Roundup: Envestnet to Pour $35M Into Tamarac Platform
In other advisor tech news, Aquiline takes majority stake in Flourish, Carefull appoints a neuroscientist, FP Alpha launches tax planning tools, and Smarsh reports…
America’s Population of 401(k) Millionaires Keeps Growing, Buoyed by Markets
The number of millionaire 401(k) accounts at Fidelity Investments rose 19% to a record 769,000 between the first and second quarter.
401(k) Real Talk Episode 206: September 4, 2026
Open, honest and candid discussion about World Investment Advisors for sale, DCIO and record keeper consolidation, the RIA steroid era, advisor credentials and more.
AI-Adopting RIAs Hire More, Boost Productivity
Only 6% of independent RIAs disclosed artificial intelligence use in March 2026 filings, yet those firms manage 11% of industry assets and increased headcount…