Core Viewpoint - Barclays is considering a potential acquisition of Evelyn Partners, one of the largest wealth managers in Britain, and is expected to submit a bid next week [1] Company Summary - Barclays is actively exploring the acquisition of Evelyn Partners, indicating a strategic move to enhance its wealth management capabilities [1] - Evelyn Partners is recognized as one of the largest wealth management firms in the UK, highlighting its significant market presence [1]

Core Insights - LPL Financial LLC has appointed Matthew Morningstar as group managing director and chief legal officer, enhancing its leadership team and legal oversight [1][2][3] Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and approximately 1,100 financial institutions [3] - The firm services and custody approximately $2.3 trillion in brokerage and advisory assets for around 8 million Americans [3] Leadership and Expertise - Matthew Morningstar brings extensive experience in regulatory, advisory compliance, and litigation matters, previously serving in various leadership roles at LPL and as chief counsel at MetLife [2][3] - His return to LPL is seen as a significant advantage for the firm, strengthening its services and community impact [3]

Core Insights - Apollon Wealth Management, based in Mount Pleasant, S.C., is set to acquire The Motley Fool's wealth management division, with the deal expected to close in 2026. Apollon currently manages over $8.65 billion in assets [1] - Motley Fool Wealth Management manages approximately $1.5 billion in client assets and has eight financial advisors along with 15 other employees. The firm was established in 2014 to leverage Motley Fool's retail investor base [2] - Post-acquisition, Apollon will enhance its offerings in financial planning, investments, and related wealth services, including estate planning. The division initially started as a robo-advisor but transitioned to providing human advisors for clients with assets of $300,000 or more [3] Company Details - The current leadership of Motley Fool Wealth Management includes Interim President Megan Brinsfield, who has been with the firm since 2014. The future role of Brinsfield post-acquisition remains unclear [4] - Oppenheimer & Co. Inc. served as the financial advisor for the acquisition, while Dechert LLP acted as legal counsel for Motley Fool Wealth Management. Merchant Investment Management holds a minority stake in Apollon [5]

Core Insights - LPL Financial Holdings Inc. will celebrate the 15th anniversary of its IPO on December 8, 2025, with a bell-ringing ceremony at Nasdaq MarketSite [1][6] - Since its IPO on November 18, 2010, LPL has transformed the wealth management industry through an advisor-first approach [2][3] - The company has achieved significant growth, including nearly tripling the number of advisors served and increasing client assets from approximately $300 billion to over $2.3 trillion [9] Company Achievements - LPL has grown from approximately 12,000 advisors in 2010 to more than 32,000 today, reflecting a strong expansion in its advisor network [9] - Brokerage and advisory client assets have increased at a compound annual growth rate (CAGR) of approximately 15%, reaching over $2.3 trillion in 2025 [9] - The stock price has appreciated at nearly a 20% CAGR, rising from $30 per share at the time of the IPO to over $360 per share today [9] Leadership and Vision - CEO Rich Steinmeier emphasized that advisors are central to LPL's business model, stating that their success is intertwined with the company's success [4] - Chairman Jim Putnam highlighted the vision and determination that have driven LPL to redefine financial advice since its IPO [4] - The company aims to be the best in wealth management by delivering personalized solutions and empowering advisors with advanced technology [4] Company Overview - LPL Financial is one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and approximately 1,100 financial institutions [7] - The firm services and custodies approximately $2.3 trillion in brokerage and advisory assets on behalf of around 8 million Americans [7] - LPL offers a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services to meet the diverse needs of advisors and institutions [7]

Core Insights - LPL Financial Holdings Inc. is celebrating its 15th anniversary since its IPO, marking significant growth and innovation in the wealth management sector [1][4] - The company has adopted an advisor-first approach, focusing on making financial advice accessible to a broader audience [2][3] Company Growth and Achievements - LPL has nearly tripled its number of financial advisors from approximately 12,000 in 2010 to over 32,000 today [8] - The firm has grown its brokerage and advisory client assets at a compound annual growth rate (CAGR) of approximately 15%, increasing from around $300 billion in 2010 to over $2.3 trillion in 2025 [8] - LPL's stock price has appreciated at nearly a 20% CAGR, rising from $30 per share at the time of its IPO to more than $360 per share currently [8] Commitment to Advisors and Community - The CEO emphasized that advisors are central to LPL's business model, stating that their success directly correlates with the company's success [4] - LPL aims to empower advisors through cutting-edge technology and personalized solutions, reinforcing its mission to enhance access to financial advice for all [4][7] Event Details - The Nasdaq bell-ringing ceremony will take place on December 8, 2025, at 9:30 a.m. ET, celebrating LPL's journey and achievements [6]

Core Insights - RBC Wealth Management's president Tom Sagissor will step down on January 1, transitioning to a vice chair role as part of a company reorganization [1][2] - Pat Vaughan and Wally Chapman will co-lead the private client group, taking over Sagissor's responsibilities [1][3] Leadership Transition - Tom Sagissor has been with the firm since 1994 and has played a significant role in shaping the company's vision and culture [2] - The transition is described as a natural evolution of the leadership structure, positioning the company well for future growth [2] - Vaughan and Chapman will manage the day-to-day operations of the private client group, which consists of over 2,100 advisors across 42 states [3] Background of New Leaders - Wally Chapman began his career as an advisor at Merrill Lynch in 1988 and joined RBC in the late 1990s [3] - Pat Vaughan started as an advisor at Kidder Peabody in 1984 and held various roles at Ferris, Baker Watts, including director of the private client group before RBC's acquisition in 2008 [4]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. The Wealth Consulting Group, a Las Vegas-based hybrid registered investment advisor and wealth management platform with more than $10 billion in assets under advisement, has hired Jason Ehrlich as CFO and head of corporate development.  Ehrlich, a former managing director and head of investments at Emigrant Partners, has been a strategic advisor to the firm for years and joined its advisory ...

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Core Insights - Mercer Global Advisors has acquired Glass Jacobson Wealth Advisors, enhancing its presence in the Baltimore and Washington D.C. region with an additional $1 billion in assets under management [1][2] - The acquisition marks Mercer's 100th acquisition since 2016, indicating a strong growth strategy through consolidation in the wealth management sector [2] Company Overview - Mercer Global Advisors is a Denver-based registered investment advisor managing approximately $90 billion in client assets [1] - Glass Jacobson Wealth Advisors, founded in 1962, transitioned from an accounting and tax firm to a wealth management firm in 2001, growing its assets under management from about $477 million in 2020 to $1 billion [3][5] Strategic Rationale - The acquisition is seen as a strategic fit due to Glass Jacobson's strong fiduciary financial team and sophisticated tax practices, along with a robust bench of second-generation advisors [3][4] - The partnership aims to align values and fiduciary commitments, with incentives for both principals and second-generation advisors to foster continued growth [6][7] Team and Leadership - The acquisition adds a 22-person team managing over 660 wealth clients to Mercer [2] - Glass Jacobson's leadership includes John Dinkins, who has been with the firm since 2002 and holds a minority stake [5]

Core Insights - Creative Planning, a US-based wealth management firm, has acquired Burt Wealth Advisors, marking its 15th acquisition in two years and adding $1 billion in assets under management (AUM) to its portfolio [1][4] Company Overview - Burt Wealth Advisors, established in 1985, specializes in financial planning services such as retirement planning, tax strategies, education funding, estate planning, and business planning [1] - The firm also offers portfolio and investment management, along with support for wealth transfer, estate, and charitable planning [2] Client Benefits - Burt Wealth's leadership emphasized that joining Creative Planning allows clients to access a comprehensive suite of services while maintaining the personal touch that has characterized Burt Wealth since its inception [3] - Both firms prioritize client interests, long-term relationships, and a collaborative environment for advisors [3] Creative Planning's Scale - Creative Planning manages and advises on over $390 billion in assets across all 50 states and 90 countries as of September 30, 2025 [4] - The firm provides a wide range of services, including investment management, retirement planning, trust services, tax planning, and family office solutions [4] Leadership Statements - Peter Mallouk, president and CEO of Creative Planning, expressed enthusiasm about the acquisition, highlighting Burt Wealth's experience and commitment to client-first values as aligning with Creative Planning's vision [5]