Wealth management M&A continues to gain momentum. DeVoe & Company reported that October saw the largest number of RIA M&A transactions ever. In the midst of this buffet, we are seeing a phenomenon that I call “indigestion,” in which acquirers make deals without having fully developed their integration plans. I discuss this trend with three industry experts in my quarterly M&A review.
Also in the M&A space, Income Conductor interviewed me on a webinar about trends for advisors going independent and more. In addition, we bring you our weekly Deals & Recruiting Roundup and monthly Wealthtech Roundup, marcoms predictions for 2025, Measured Wealth on getting clients ready for the future, and AdvisorEngine on helping clients find certainty in an uncertain landscape.
Deals & Recruiting Roundup: Meet our newest Recruiter of the Month, Cameron Stagg, Director of M&A at Signature Estate & Investment Advisors. We also cover Focus having four firms engage in two different combinations, Savant acquiring Source Financial Advisors, Raymond James recruiting 12 advisors, Bison Wealth onboarding three advisors, Osaic partnering with HarborOne Bank, J.P. Morgan topping J.D. Power rankings, Cetera appointing Todd Mackay and Christian Mitchell to president roles, Ameriprise promoting Brian Mora to Senior Vice President of Experienced Advisor Recruiting, The Wealth Consulting Group appointing Erika Ferris as Director of Retirement Plans / Financial Planning and Citi Wealth appointing Kate Moore as Chief Investment Officer.
Wealthtech Roundup: Meet our newest Wealthtech Leader of the Month, Wilbur Swan, CEO and Co-Founder of Catchlight, who discusses how advisors can use AI for prospecting and marketing. Other entries include Orion agreeing to acquire Summit Wealth Systems, Interactive Brokers enhancing its web-based Advisor Portal, InvestCloud releasing its Private Markets Account, Advyzon partnering with iCapital, LPL investing $500 million in tech enhancements throughout 2024, Concurrent partnering with TIFIN @Work, Future Capital integrating with APIA on personalized retirement solutions, F2 Strategy appointing Ryan Beach as its new CEO, and Opto launching a Planner tool for simplified long-term private markets investing.
2025 marcoms predictions: Our final Marcoms Roundtable of the year predicts marcoms evolution next year and how advisors can use developing trends for success. We hear from Tina Powell, Partner and Chief of Community at Intention.ly, Chris Sullivan, President of Craft & Capital and James Doyle, President of JConnelly.
The trends in your favor: I spoke on “The Race To Independence” on Income Conductor’s Trailblazer Series of webinars with Income Conductor’s Founder and CEO, Sheryl O’Connor, and Wealth Management GPT’s CEO and Founder, Marc Butler, about trends favoring independent advisors looking to monetize and much more.
M&A indigestion: I bring you my latest quarterly review of wealth management M&A, discussing the rising trend of firms making acquisitions before they fully establish integration plans. Dan Newhall, Principal of Lone Willow Advisors; Matt Sonnen, COO of Coldstream; and John Wernz, Entrepreneur-in-Residence at Great Hill Partners, provide insights.
Ready to retire: George Zaharopoulos, Senior Wealth Advisor at Measured Wealth, describes how to get clients financially ready for the future with peace of mind about retirement.
Certainty in uncertain times: Suleman Din, Advisor Intelligence Lead at AdvisorEngine, explains how to establish certainty with your clients in a changing landscape through effective communication.
Make your voice heard with AcquireUp’s 2024 Financial Industry Survey, examining trends and practices within the financial advisory sector!
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Wealth Solutions Report
