You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Clearstead Advisors, a Cleveland-based registered investment advisor with $55 billion in assets under advisement, has acquired The Clarius Group, a Seattle-based multi-family office RIA with about $5.1 billion in assets under management. The deal expands Clearstead’s family office services and its presence in the Pacific Northwest.  Clarius was founded in 2015 by Keith Vernon and Matthew ...

Group 1 - Arax Investment Partners has acquired GFP Private Wealth, a Cleveland-based registered investment advisory firm with $1.5 billion in assets under management [1] - The acquisition adds a team of 27 professionals to Arax's operations, contributing to its growth strategy [1] - The deal was announced on Tuesday and officially closed on January 30 [1]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. OnePoint BFG Wealth Partners, a registered investment advisor backed by Rise Growth Partners, has acquired Voyage Wealth Architects, a Minneapolis-based firm with $700 million in assets under management. The firm was previously affiliated with Northwestern Mutual.  Fairfield, N.J.-based OnePoint BFG was founded in 1985 by twin brothers Scott and Andy Schwartz as a practice affiliated ...

Core Insights - The article highlights the challenges faced by wealth management firms in achieving organic growth, despite rising market conditions [1] - The RIA Edge 100 recognizes registered investment advisors (RIAs) that demonstrate strategic growth while maintaining high client service standards [1][3] Group 1: Growth Strategies - Firms are focusing on deliberate scaling through operational improvements rather than relying solely on favorable market conditions [2] - The growth of these firms is occurring amidst accelerated consolidation, talent competition, and rising client expectations for holistic wealth solutions [2] Group 2: Definition of Success - Leading firms are redefining success by building resilient organizations, enhancing leadership teams, investing in next-generation talent, and improving operational efficiency [3] - The goal of the RIA Edge 100 list is to highlight firms that achieve intentional, strategic growth rather than those benefiting passively from market movements [4] Group 3: Evaluation Metrics - Firms included in the RIA Edge 100 are SEC-registered investment advisors specializing in financial planning, managing at least $500 million in assets, and primarily serving high-net-worth clients [5] - The evaluation metrics used to develop the list include five-year AUM growth, employee-to-client ratio, AUM per advisor, and the percentage of employees holding CFP certification [6]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Successful registered investment advisors have generally grown their employee bases just slightly under the percentage that they’ve added clients, in a sign that quality firms keep staffing up to pace with client needs, according to Wealth Management’s 2026 RIA Edge 100, released Monday. According to the list, which seeks to surface RIAs that have grown through their operations, not just market ...

Core Insights - OneSeven, a Cleveland-area registered investment advisor platform, has expanded its senior leadership team with new appointments including a chief financial officer, chief compliance officer, and advisor advocate [1][4][5] Leadership Changes - Brian Bunker has been appointed as the advisor advocate, a role aimed at enhancing relationships with advisory teams and supporting their growth through business development and strategic partnerships [2][3] - John Carey has joined as chief compliance officer, overseeing the firm's compliance program, previously serving as director of compliance at OneDigital [4] - Betsey Saffar has been appointed as chief financial officer, taking over from Marc Borstein, and will lead financial strategy and capital planning [5] Growth and Financial Performance - OneSeven has experienced significant growth, increasing assets under management from approximately $3.5 billion to over $8.6 billion in the past year [6] - The firm has secured commitments from advisors representing $4 billion in assets to join the platform this year, with expectations to reach $13 to $14 billion by the end of 2026 and aims for $20 billion by the end of 2027 [6] Technology and Advisor Support - The firm is developing enterprise-level technology and plans to introduce AI tools for its advisors [7] - Advisors joining OneSeven have the option to maintain their own branding or adopt the firm's branding while managing their investments independently [7]

Core Insights - The article discusses the author's journey from a political career to value investing, emphasizing the importance of risk management and long-term wealth growth [1] Group 1: Career Transition - The author initially pursued a career in politics but shifted to finance after facing challenges in 2019, recognizing the need for financial stability [1] - The transition to value investing was motivated by a desire to make money work effectively and to protect against future setbacks [1] Group 2: Professional Experience - From 2020 to 2022, the author worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team, contributing to sales strategy [1] - The experience gained during this period was instrumental in assessing company prospects based on their sales strategies [1] Group 3: Investment Advisory Role - The author served as an investment advisory representative with Fidelity from 2022 to 2023, focusing on 401K planning [1] - Despite excelling in this role and passing Series exams ahead of schedule, the author felt constrained by Fidelity's reliance on modern portfolio theory, leading to a decision to leave after one year [1] Group 4: Current Endeavors - In November 2023, the author began writing for Seeking Alpha, sharing investment opportunities and insights with readers [1] - The articles reflect the author's personal investment journey, allowing readers to engage in the same path of value investing [1]

Core Insights - NewEdge Advisors has successfully recruited teams from Ameriprise Financial and Raymond James, enhancing its advisor platform with a total of $1.94 billion in client assets under management [1][2]. Group 1: Recruitment and Team Details - A 24-person team from Ameriprise, ClearTrust Wealth Advisors, has joined NewEdge Advisors, managing $1.4 billion in client assets [2]. - Wealth Strategies Partners, a former Raymond James practice, has also been recruited, overseeing $519 million in client assets [3][4]. Group 2: Leadership and Vision - The Ameriprise team is led by Matt Robins, Nick Stamatis, and Joe Creecy, each with over 20 years of experience at Ameriprise [2]. - Paul Allen, President and CEO of Wealth Strategies Partners, has over a decade of experience with Raymond James and has been in practice since 1996 [4]. Group 3: Strategic Goals and Growth - The partnership with NewEdge Advisors is aimed at enhancing client experience and positioning for continued growth [3][5]. - NewEdge Advisors plans to expand not only through its platform model but also by recruiting advisors to its W-2 employee channel, which currently includes about 14 firms and approximately $14 billion in client assets [6].

Core Insights - The article discusses the author's journey from a political career to value investing, emphasizing a long-term investment strategy and risk management [1] Group 1: Career Transition - The author initially pursued a career in politics but shifted to finance after facing challenges in 2019 [1] - The decision to study value investing was driven by the desire to grow wealth and protect against financial setbacks [1] Group 2: Professional Experience - From 2020 to 2022, the author worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team [1] - The experience at the law firm contributed to the author's understanding of sales strategies in assessing company prospects [1] Group 3: Investment Advisory Role - The author worked as an investment advisory representative with Fidelity from 2022 to 2023, focusing on 401K planning [1] - Despite excelling in the role, the author felt frustrated with Fidelity's reliance on modern portfolio theory, which conflicted with their value investing approach [1] Group 4: Current Endeavors - In November 2023, the author began writing for Seeking Alpha to share investment opportunities discovered through personal research [1] - The articles serve as a platform for the author to document their investment journey and engage with readers [1]

Core Insights - NorthRock Partners has recruited Martin & Associates, a former Ameriprise advisory team, expecting to manage over $500 million in assets [1][2] - The acquisition expands NorthRock's presence in the Midwest as the firm anticipates an active recruiting year [2] - Martin & Associates is led by Robert Martin, who has over 17 years of experience as an Ameriprise-affiliated financial advisor [3] Company Developments - NorthRock made three acquisitions last year, including WGG Wealth Partners, which has approximately $2.7 billion in client assets [3] - The firm aims for an organic growth rate of about 15% by 2025 while enhancing its appeal as a destination for advisors [3] - NorthRock serves ultra-high-net-worth and high-net-worth clients and recently sold a majority stake to Sammons Financial Group to expand its wealth channel [4] Service Offerings - NorthRock's Personal Office model integrates various services such as investments, tax strategy, estate planning, insurance, legal coordination, business advisory, and philanthropy [5] - The firm emphasizes a holistic approach to professional advice, integrating all aspects of a client's life rather than focusing solely on financial decisions [5]