Core Insights - Angeles Wealth Management has made its first acquisition by purchasing XO Capital, which will lead to the establishment of Angeles Family Office, aimed at affluent families [1][2] - The new family office division will be led by XO Capital's founder Adam Stern as CEO and Jason Oclaray as president [2] - The acquisition is part of Angeles Wealth's strategy to combine XO's family office expertise with its existing wealth management services [3][4] Company Developments - Angeles Wealth Management, based in Santa Monica, California, manages $2.7 billion in assets and is focusing on expanding its services through this acquisition [1] - XO Capital, founded in 2021, had approximately $186 million in client assets at the time of the acquisition [4] - The new family office will provide a range of services including investment management, tax and legal advice, customized financial reporting, and cash-flow management for families with assets in the hundreds of millions [5] Market Context - There is a growing demand for family office services among wealthy families, particularly those facing complex financial issues [4][6] - Other registered investment advisors (RIAs) are also moving to establish dedicated family office divisions or acquire expertise in this area to cater to multi-generational wealth [7] - Recent examples include Prime Capital Financial launching a family office division through acquisition and CI Financial's Corient acquiring a multi-family office [7]

SAN DIEGO, Jan. 13, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, today announced the appointments of Suzanne Elovic as executive vice president, head of supervision, and Mike Murphy as executive vice president, head of service. Both leaders will be based in the firm’s New York office, reporting to John O’Neill, executive vice president and head of Service & Supervision. Suzanne Elovic: Driving Modernization in Supervision Elovic will lead efforts to enhance LPL’s supervision ...

Ilan Davidovici Ilan Davidovici Executive Vice President, Corporate Strategy LPL Financial SAN DIEGO, Jan. 12, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, today announced that Ilan Davidovici has joined the firm as executive vice president, Corporate Strategy. In this role, Davidovici will lead LPL’s Corporate Strategy team, partnering across the organization to define long-term vision, shape strategic priorities, evaluate growth opportunities and position LPL for susta ...

Aurum Capital Management has introduced WealthOS, a new quantitative wealth advisory system that incorporates AI, deep learning, cloud computing, and quantitative methods. The platform is designed to assist investors with wealth management through data analysis and tailored portfolio strategies. The company said that WealthOS was developed in line with the analytical frameworks used by a leading US partner institution. WealthOS applies machine learning and neural network models to process large volumes ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Erik Merkau, the former head of strategy and execution at Edelman Financial Engines, has joined Choreo, the registered investment advisor created in 2022 when private equity group Parthenon Capital lifted out the wealth management business of accounting firm RSM, as chief wealth advisory officer.  Merkau will report to CEO Jason Van de Loo and take responsibility for advisor deve ...

SAN DIEGO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), the parent corporation of LPL Financial LLC, announced today it will report fourth quarter and full year financial results after the market closes on Thursday, January 29. The Company will host a conference call to discuss its results at 5 p.m. ET the same day.The conference call will be accessible and available for replay at investor.lpl.com/events. Contacts Investor Relationsinvestor.relations@lplfinan ...

Somesh Khanna Somesh Khanna SAN DIEGO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA), a leading wealth management firm, today announced that Somesh Khanna has been elected to the company’s board of directors as an independent director. Khanna currently serves as a senior advisor at McKinsey & Company and is the executive co-chair of Apexon, a technology services firm specializing in artificial intelligence, data and digital-first solutions. He also serves on the boards of ...

NEW YORK--(BUSINESS WIRE)--UBS Global Wealth Management US announced today that Hollenbaugh, Rukeyser, Safro & Williams, a Private Wealth Team with multiple offices around the country, has been named to Forbes America's Top Private Wealth Management Teams list for 2025. The team ranked #4 nationally, making it the highest ranked UBS team on the list and marking the third consecutive year that the team has been named to the list. Hollenbaugh, Rukeyser, Safro & Williams is a 13-person tea. ...

SAN DIEGO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Spencer W. Rand, CFP® and Michael J. Williams, CFP® of Rand, Williams & Associates, LLC have joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. They reported serving approximately $260 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic. Located on the Central Coast of California in Monterey, Williams and Rand each have over 20 years of exp ...

Core Insights - In 2025, over 80% of equity fund users of JD Wealth achieved profitability, indicating strong performance in a challenging market environment [1][3] - JD Wealth aims to enhance its core capabilities in "products, services, and pricing" through systematic upgrades and the integration of AI technology [1][3] - The company reported significant growth in various asset management categories, with equity holdings increasing by 82%, index fund holdings by 105%, stable income+ holdings by 206%, and personal pension holdings by 241% year-on-year [1][3] User Performance - Despite a structural market in A-shares in 2025, 58.6% of retail investors did not achieve profits, contrasting with JD Wealth's 84% profitability rate among equity fund users and an average return of 15% for personal pension users [1][3] TAMP Model Development - JD Wealth is actively exploring the TAMP (Total Asset Management Platform) model, with 210,000 new clients added in 2025, a 52% repurchase rate, an average holding period of 235 days, and nearly 88% of clients holding profitable positions [1][3] Future Initiatives - The company plans to upgrade TAMP core capabilities through KYC (Know Your Customer) and behavioral analysis for precise targeting, KYP (Know Your Product) for asset selection, and dynamic asset allocation in account management [2][4] - JD Wealth has introduced the AI Wealth Manager "Jing Xiaobei" to partner financial advisors, transitioning from standard to personalized services, integrating features like position optimization and market analysis [2][4]