As wealth management firms continued to navigate consolidation, operational change and long-term succession planning, June’s most-read stories reflected an industry focused on trust capabilities, trading discipline, advisor movement and legacy. These articles also included a tribute to Tina C. Powell, whose impact as a marketing leader and community builder resonated deeply across the industry.
Waverly Advisors Acquires $3 Billion Pittsburgh Trust Company
Waverly Advisors’ acquisition of Smithfield Trust Company expanded the firm’s trust services business, adding approximately $3 billion in assets and deepening its capabilities across trust administration, estate planning, tax planning and customized investment management.
Is Your Firm Over-Trading Because Technology Makes It Easy?
A practical look at how RIAs can respond to Schwab’s block trade allocation fee by reviewing trading governance, rebalancing frequency, tolerance bands, trade netting, order management system efficiency and best execution documentation before changing client pricing.
Obituary For Tina C. Powell
A remembrance of Tina C. Powell, Intention.ly Partner and Chief of Community, honoring her life as a mother, digital marketing entrepreneur, podcast host and community builder who made a lasting impact on the people and industry around her.
Baird Picks Up $508 Million Minnesota Advisor Team From RBC
Baird added The Kashian Karels Group, a Minnesota advisor team overseeing more than $508 million in client assets, from RBC to its Edina wealth management office, continuing the firm's recruiting momentum.
Founders Should Plan A Legacy, Not Simply An Exit
The inaugural article in Ascentix's Strategic Framework Series presents a practical approach to advisory firm succession, beginning with a founder's vision for family, clients, employees and community before addressing deal structures, valuations, legal planning and execution.
Wealth Solutions Report can be reached at info@wealthsolutionsreport.com.
