Broker-dealers are adopting an RIA consolidation playbook
Louis Diamond explains how Cetera’s consolidation of employee-advisor practices could boost its valuation and create new options for a future sale, spinoff, or public offering.
Louis Diamond explains how Cetera’s consolidation of employee-advisor practices could boost its valuation and create new options for a future sale, spinoff, or public offering.
Louis Diamond discusses OpenArc’s breakaway from the wirehouse model and why team size and complexity need not stand in the way of a move to
Louis Diamond discusses why RIA advisor compensation trails other wealth channels and how advanced credentials can help younger advisors stand out in a competitive job
Cleros Wealth Partners launches in Fort Worth following a $3.6B UBS breakaway, with a minority investment from Elevation Point and custody through Goldman Sachs.
Cleros Wealth Partners launches an independent RIA following its $3.6B UBS breakaway, becoming the largest team backed by Elevation Point.
Cleros Wealth Partners’ founders discuss their UBS breakaway, the flexibility of independence, and their selection of Elevation Point and Goldman Sachs.
Coverage of Cleros Wealth Partners’ $3.61B UBS breakaway and launch with backing from Elevation Point.
Louis Diamond puts UBS advisor departures in context as Cleros Wealth Partners launches a $3.61B RIA with backing from Elevation Point.
Louis Diamond discusses the expanding range of options available to financial advisors, including recruiting trends, independent affiliation models, and the economics of launching an RIA.
Louis Diamond weighs in on Merrill’s 2027 advisor compensation changes, comparing the firm’s approach with Morgan Stanley and UBS and what the new incentives signal