You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. It was service expansion via acquisition this week for two registered investment advisors. First, Prime Capital Financial announced the purchase of a Texas-based tax advisory firm to launch a Prime Capital Tax Advisory division. Then, VestGen Wealth Partners launched a retirement plan advice division bolstered by acquiring a former Osaic team specializing in the space. For others, the deals were ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Rise Growth Partners, the RIA investing company launched last year by former United Capital CEO Joe Duran, has made its third minority investment, taking a stake in Krilogy, a St. Louis-based registered investment advisor with more than $4 billion in client assets.  This latest investment expands Rise Growth’s presence in the Midwest. The RIA also brings a younger advisor base, with an ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. AlphaCore Wealth Advisory, a La Jolla, Calif.-based, alternatives-focused RIA managing $6 billion in assets under management, has acquired a registered investment advisory firm in Rockville, Md., the firm confirmed.   SPC Financial, which has $1.5 billion in assets under management, has joined AlphaCore with eight financial advisors and 28 additional staff members, including six CPAs. The f ...

CHICAGO, Oct. 20, 2025 (GLOBE NEWSWIRE) -- XA Investments (“XAI”) today announced that it plans to host a Webinar on October 23, 2025, at 4:30 pm (Eastern Time) to discuss recent developments in the CLO and leveraged loan market. Kevin Davis, Managing Director at XAI will moderate the webinar with Kimberly Flynn, President at XAI and Ben McCulloch, Managing Director at XAI. XAI serves as the investment advisor for both XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) and Octagon XAI CLO Inc ...

Core Viewpoint - The "21st Century Gold Medal Investment Advisor" project aims to enhance the quality of investment advisory services in the wealth management industry by focusing on professional and innovative advisory teams, with a new category for "AI Investment Advisory" to explore the integration of technology in this field [2][4][9]. Group 1: Project Overview - The project is a collaboration between Southern Finance Media Group and 21st Century Economic Report, focusing on the collection of exemplary investment advisory cases [2]. - It aims to transition the wealth management industry from scale expansion to high-quality development, reflecting the evolving market dynamics [4][9]. - The evaluation criteria for the "Gold Medal Investment Advisor" will ensure objectivity and fairness, with a focus on both advisory capabilities and investment performance [5][9]. Group 2: AI Investment Advisory - The introduction of the "AI Investment Advisory" category is a significant highlight, encouraging the application of artificial intelligence in investment advisory practices to improve service efficiency and user experience [6][7]. - This initiative aligns with the broader trend of digital transformation in the wealth management sector, driven by advancements in generative AI technologies [7]. Group 3: Evaluation and Impact - The evaluation process will involve multiple dimensions, including business structure, team development, investor behavior improvement, and customer service quality [2][5]. - The project will leverage the extensive resources and expertise of Southern Finance Media Group to ensure credibility and professionalism in the collection and evaluation of cases [2][8]. - A series of forums and workshops will be organized to discuss the latest developments in investment advisory services and share successful case studies [7][8]. Group 4: Timeline and Participation - The project consists of three phases: registration, shortlist and expert evaluation, and the release of advisory reports along with forums to showcase exemplary cases [11]. - Registration is open until November 25, with the evaluation results expected in late November, followed by the Southern Finance Forum in December [11].

Core Insights - 1919 Investment Counsel, LLC has been recognized in multiple prestigious industry rankings in 2025, highlighting its excellence in investment management and client service [1][4] - The firm emphasizes the importance of long-term relationships with clients, focusing on helping them understand the purpose behind their wealth [2] Company Overview - 1919 Investment Counsel is a registered investment advisor with over 100 years of experience, serving families, individuals, foundations, and endowments to achieve financial goals [2] - The firm is headquartered in Baltimore and has offices in several major cities across the United States, including Birmingham, Cincinnati, New York, Philadelphia, San Francisco, and Vero Beach [2] Industry Recognition - Barron's has named 1919 to its Top 100 RIA Firms list for the sixth consecutive year, evaluating firms based on assets under management, technology investments, staff diversity, and succession planning [4] - Forbes included 1919 in its 2025 Top RIA Firms list, which features 250 firms managing over $1.9 trillion in assets, ranked based on qualitative and quantitative factors [4] - InvestmentNews recognized 1919 as one of its inaugural 5-Star RIA Firms for 2025, honoring wealth managers with a minimum of $1 billion in AUM based on verified data [4] - Financial Advisor Magazine included 1919 in its 2025 RIA Survey & Ranking, showcasing leading firms based on reported assets [4]

Group 1 - Khaveen Investments is a global investment advisory firm serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the SEC and offers services including market and security research, business valuation, and wealth management [1] - The flagship Macroquantamental Hedge Fund has a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] Group 2 - Khaveen Investments employs a multifaceted investment approach that integrates top-down and bottom-up analysis, blending global macro, fundamental, and quantitative strategies [1] - The firm's core expertise focuses on disruptive technologies such as Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1] Group 3 - While Khaveen Investments does not invest in Chinese indices, it maintains positions in individual stocks that may be part of those indices [2]

Core Insights - Edelman Financial Engines has appointed Ralph Haberli as acting CEO while considering long-term leadership needs following the resignation of former CEO Jay Shah [2][3] - The firm manages over $308 billion in assets and aims to expand its wealth management services, particularly in defined contribution retirement plans [1][3] Leadership Changes - Former CEO Jay Shah will transition to an advisory role until the end of the year [2] - Ralph Haberli, who joined from Capital Group, will temporarily lead the firm and has full authority during this transition [3] Strategic Direction - Haberli emphasized the firm's unique position to support clients throughout their financial journey, from initial employment to retirement [4] - The company plans to pursue both acquisition and organic growth, leveraging its scale and technology to attract partners [5] Recent Developments - Under Shah's leadership, the firm made significant acquisitions, including two firms with assets totaling $726 million this year [6] - Edelman Financial Engines was formed through the merger of Ric Edelman's RIA and Financial Engines in 2018, with a minority stake acquired by Warburg Pincus in 2021 [5]

Core Insights - Captrust Financial Advisors has acquired Cobblestone Capital Advisors, adding $3.8 billion in client assets to its portfolio [1][2] - The acquisition enhances Captrust's presence in New York, marking its third office in the state and increasing its employee count to 87 [4] Company Overview - Captrust, based in Raleigh, N.C., manages over $1 trillion in assets under advisement and management [1] - Cobblestone Capital Advisors, founded in 1986, specializes in investment and wealth management, including private investments and family office services [3] Leadership and Team - Cobblestone brings 42 employees, including 15 advisors, led by CEO John DiPasquale, Chief Investment Officer Jason Garlock, and Managing Director of Business Development Chris Mooney [2][4] Financial Metrics - Captrust oversees more than $847 billion in nondiscretionary assets and over $237 billion in discretionary assets [5] - The firm has the highest retirement plan assets under administration among registered investment advisors (RIAs) [6] Recent Acquisitions - Prior to the Cobblestone acquisition, Captrust acquired Carolinas Investment Consulting, which had over $1.4 billion in assets [7]

Core Insights - Beacon Pointe Advisors has expanded its client asset base to $54 billion through the acquisition of Sensible Financial Planning, aiming to enhance its presence on the East Coast [1][2] - The acquisition adds approximately $944 million in assets under management and will establish a new office in San Diego, alongside expanding operations in the Boston area [2] - Sensible Financial, founded in 2002, specializes in retirement planning, tax strategies, insurance analysis, estate and legacy planning, and investment management, employing around 21 staff [2][3] Company Strategy - The integration of Sensible Financial into Beacon Pointe will allow for a seamless transition while maintaining the existing client relationships and staff growth opportunities [3] - Sensible Financial will operate under the Beacon Pointe name and utilize its W-2 employee model, with equity holders receiving a Schedule K-1 for tax reporting [3] Market Position - Beacon Pointe has made 11 acquisitions in the current year, including a recent deal for The Family Firm, a female-led firm with $857 million in assets, further solidifying its East Coast strategy [5] - The firm has completed a six-deal acquisition spree within 60 days, adding $2.7 billion in client assets, and now boasts over 600 employees and more than 75 offices nationwide [5] Financial Backing - In 2021, Beacon Pointe received a minority investment from private equity firm KKR, allowing its advisors to retain 50% ownership in the firm [6]