WealthManagement Edge

Stout, who sold her firm to OneDigital in 2021, will lead Prime Capital Retirement and Prime Capital Wellness.

The deal with Family Asset Management expands Sequoia’s Southeast footprint and represents its seventh acquisition since 2023.

The core four-person advisor support network.

Indexed ETFs remain a top tool, but advisors report healthy usage of actively managed ETFs and mutual funds for equities and fixed-income allocations.

Looking ahead to the presidential election, advisors are evenly split on the near-term direction of the economy and the markets.

With this and its recently announced deal with Pegasus Partners, Lido’s total assets will grow to about $27 billion to $28 billion.

The combined firm will be based in Los Angeles. In 2022, Crescent Bay received a minority investment from Merchant Investment Management.

They cited performance, change in service levels and advisor moves as reasons they would switch today, according to a new Dynasty study.

At RIA Edge West, Charles Schwab and WealthManagement.com hosted the Female Advisor Breakfast to discuss the challenges and career transition issues women face in a traditionally male-dominated industry.

Mariner CEO and President Marty Bicknell will maintain majority control, and Leonard Green & Partners will retain its minority stake in the wealth management firm.