Diana Britton

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Employee ownership can deepen commitment and align incentives, but it doesn't automatically motivate staff, RIA leaders say at Wealth Management EDGE

RIA executives say economic incentives align interests and show commitment, but firms must still prioritize culture and client care to drive true engagement.

Hightower’s CEO is well on his way to integrating the firm’s middle office, centralizing client onboarding and investment management and creating a national brand.

Holistic Planning created HolisticOS and will move $450 million in assets to Altruist. The firm plans to sell the software to other advisors.

The eight-person practice from MassMutual cited the independent broker/dealer's operational support as a key factor.

Since Coldstream management bought out Boston Private in 2011, the RIA has remained employee-owned, but CEO Kevin Fitzwilson says there are pressures that come with that.

Also, Creative Planning acquires a Florida accounting firm, Osaic attracts a $300M Iowa practice and NewEdge expands its Nashville presence.

The RIA has grown through acquisitions and recruiting since Sammons Financial Group bought it, CEO Matt Regan says

A year into the acquisition, Wealthcare is feeling the advantages of Sammons Financial’s backing, adding $1.8 billion in AUM since joining.