Investment solutions platforms are at the core of how we serve clients in the wealth management industry. The executives who manage these platforms and bring them to advisors possess a broad range of talents – from excellent communications skills to the navigation of markets and portfolio construction – and the boundless energy to manage the solutions under constantly evolving conditions. This week, we honor outstanding investment platform leadership in our second annual IS 5: Top Investment Solutions Platform Leaders.
We also bring you our Investments and Deals & Recruiting Roundups, Private Advisor Group on marketing trends for 2025, FFP’s survey revealing strong support for pro bono; Advyzon’s partnership with iCapital, Sanctuary’s platform enhancement with BNY Pershing, Sid Yenamandra’s latest Regtech Surge column on 2025 regtech trends, Perigon’s latest recruit, Homrich Berg’s acquisition of WMS Partners and Summit’s minority stake.
Excellence in investment leadership: We honor the IS 5: Top Investment Solutions Platform Leaders: Mary Ann Bartels, Chief Investment Strategist at Sanctuary Wealth; Peter Essele, Head of Advisory Solutions at Commonwealth; Gene Goldman, CIO of Cetera Financial Group; Jeff Krumpelman, Chief Investment Strategist and Head of Equities at Mariner; and Brian Nick, Managing Director, Head of Portfolio Strategy at NewEdge Wealth.
Deals & Recruiting Roundup: This edition covers MAI Capital Management’s acquisition of Carmichael Hill & Associates, Homrich Berg adding a new RIA, Avitas merging with Lido, Hightower adding Dechtman Wealth Management, Sanctuary partnering with BNY Pershing, Snowden Lane launching a new retirement program for advisors, Blanco moving to Stonebrook and LPL, Vanguard’s new wealth management division, Focus Financial’s new business management hub deal, LPL recruiting Prestige Wealth Group and Perigon recruiting Robert and Evan Harrigan.
Investments Roundup: In this edition, we speak with our newest Investment Solutions Leader of the Month, Michael Arone, Chief Investment Strategist at State Street Global Advisors, who discusses portfolio allocation in the new market environment. Other entries include Nuveen’s CLO ETF; JP Morgan on Trump’s effects on alternatives; Janus on CMBS and CLOs; Simplify’s new ETFs; Morgan Stanley on the Trump effect; Morningstar on climate funds; Schwab’s MBS ETF; VistaShares’ AI ETF; Cerulli on institutional ETF allocations; and HFR on Trump’s effect on hedge funds.
Next Gen pro bono enthusiasm: Newcomers to financial planning are widely in favor of pro bono financial planning, according to the findings of the Survey of Aspiring CFP Professionals by Foundation for Financial Planning (FFP). Jon Dauphiné, CEO of FFP, and Hannah Moore, President of Guiding Wealth, provided comments.
2025 marketing trends: To learn what’s in store for advisor marketing next year, we asked Kelly Coulter, Head of Marketing at Private Advisor Group, what she expects will be the biggest trends in 2025 when it comes to advisors’ use of communications, creativity and data for marketing.
Alts partnership: Advyzon partnered with iCapital to enhance the alternative investment capabilities available to financial advisors who use Advyzon’s portfolio reporting platform. Steve Houston, Managing Director and Co-Head of iCapital Solutions, and Kartik Srinivasan, President of Advyzon Institutional, commented.
Platform integration: Sanctuary Wealth announced an integration with BNY Pershing’s Wove platform. Bob Walter, President of Sanctuary, and Ainslie Simmonds, Head of Global Strategy, BNY Pershing and President, BNY Pershing X, provided comments.
2025 regtech trends: In his Regtech Surge column, Sid Yenamandra, CEO and Founder of Surge Ventures, unpacks what’s in store for 2025 in regtech, including data and privacy issues, real-time monitoring, the regulation of AI, and blockchain applications for KYC and AML.
$6.4 billion acquisition: Homrich Berg Wealth Management agreed to acquire $6.4 billion WMS Partners. Thomas Carroll, Homrich Berg’s CEO and President; Martin Eby, Co-Founder and Senior Advisor of WMS; and Todd Wickwire, CEO of WMS, commented.
Chicagoland minority stake: Summit Financial acquired a minority non-controlling stake in Chicago-area RIA Midway Wealth Partners and added it to Summit’s advisor network. Richard Babjak, Co-Founder, Partner and Manager, Midway Wealth Partners and Stan Gregor, CEO of Summit Financial Holdings, commented.
Father-son team recruited: Perigon Wealth Management announced Robert Harrigan and his son, Evan Harrigan, joined its Boca Raton, Florida, office from UBS where they oversaw $170 million in total client assets. Robert Harrigan and Perigon’s CEO, Arthur Ambarik, commented.
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Larry Roth
CEO
Wealth Solutions Report
