RIA News

Former Carson Wealth lawyer Kevin Miller is joining Sanctuary, while a former CCO returns to his post at the firm after a leave of absence.

Beacon Pointe Advisors closes its largest acquisition of year in New York City and Bridgehampton, N.Y.

OneDigital acquired Huntington National Bank’s 401(k) and retirement plan business this week, while Clearstead Advisors picked up local firm CLS Consulting. The Mather Group and NewEdge Wealth both announced key hires.

Barry Friedberg, co-chairman of New York Private Bank & Trust, Emigrant Partners’ parent company, will assume Heckenberg’s responsibilities on an interim basis.

CEO Tom Manning insisted on equity for F.L.Putnam employees before accepting the job and went on to grow the firm’s AUM by 200% in just seven years.

EP Wealth scooped up a billion-dollar firm in its second acquisition of the year while a handful of other deals representing almost $900 million in assets were announced this week, and Private Advisor Group added a new role.

Two of United Capital's co-founders and another executive have left Goldman Sachs to build an RIA with $200 million from private-equity firm Crestview Partners.

Lido and a subsidiary of Israeli Discount Bank have created a joint RIA to provide asset management services to the bank’s clients.

CIPW Trust, chartered in South Dakota, will make corporate trustee services available to all clients.

At least six firms reported making moves this week, while Mission Wealth introduced trust services and Taylor Frigon launched a new family office.