Wealth Solutions Report

CAPTRUST Financial Advisors added almost $2 billion in client assets by acquiring Campbell Wealth Management in Alexandria, Virginia, and TruNorth Wealth Partners in St. Paul, Minnesota. Campbell is led by Kelly Campbell,, its CEO. TruNorth is led by CEO Peter Rekstad, CFP®. They provided comments, along with Rick Shoff, Managing Director of CAPTRUST. https://lnkd.in/gh8vvcu4 #Mergers #FinancialAdvisors #WealthManagement #WealthSolutionsReport

Commonwealth Financial Network recruited two Long Island advisory firms, formerly affiliated with Osaic: Full Spectrum Financial Solutions and NXT Phase Financial Services. Full Spectrum’s Pat Lanotte, and NXT Phase’s John Carbonara, commented, along with Commonwealth’s Becca Hajjar. https://lnkd.in/g4tBBwcH #Mergers #FinancialAdvisors #WealthManagement #WealthSolutionsReport

Corient agreed to acquire HM Payson & Co., Maine’s largest RIA, with $7.9 billion in AUM, as part of a deal Corient said Tuesday is expected to close in 2025. “HMP’s position as Maine’s largest RIA and its legacy of exceptional service make it a natural fit for Corient,” according to Kurt MacAlpine, Partner and CEO of Corient. “Our commitment to fiduciary excellence and client-first service has been the cornerstone of HMP’s 170-year legacy,” said Daniel Lay, President and Managing Director at HMP. https://lnkd.in/gg8eCsx9 #Mergers #FinancialAdvisors #WealthManagement #WealthSolutionsReport  

Meet the Wealth Solutions Report Investment Solutions Leader of the Month, Michael Arone of State Street Global Advisors. We also cover:   Nuveen, a TIAA company, Launches CLO ETF Focused On Single-A Segment   J.P. Morgan Asset Management: Trump Policies Could Boost Alts Exits, Capex, IPOs, M&A   Simplify Launches ETFs Focused On Interest Rates, Gold And U.S. Small-Caps   Janus Henderson Investors: CMBS And CLOs Set To Outperform In 2025   Morgan Stanley: Consumer, Small Business Confidence Tempered By Tariffs, Inflation   Morningstar Sustainalytics: Global Climate Funds Set To Suffer First Year Of Outflows   Charles Schwab Launches ETF With Access To Investment Grade, Agency Backed MBS   VistaShares, Co-Founded By Former Tesla Senior Executive, Launches AI ETF   Cerulli Associates: Institutional Investors Plan To Increase Allocations To ETFs HFR: Hedge Funds Surge On U.S. Election, Amid Potential For Upcoming Volatility https://lnkd.in/ewF3WHSj

Erin Taylor of Sowell Management discusses how advisors can succeed at branding in 2025, including advice on effective branding and common pitfalls. https://lnkd.in/gA7cfTXd #WealthSolutionsReport #FinancialAdvisors #WealthManagement #branding

Patrick Hynes of Prudential Advisors discusses the firm’s transition to LPL with us, including its effects on Prudential’s advisors, how Prudential will measure success, and emerging trends in wealth management. READ MORE: https://lnkd.in/g56E3Fst #WealthSolutionsReport #FinancialAdvisors #WealthManagement Prudential Financial LPL Financial

This edition of the Wealth Solutions Report Deals & Recruiting Roundup covers MAI Capital, Avitas, Homrich Berg, Hightower, Focus Financial, LPL, Perigon, Sanctuary, BNY Pershing, Snowden Lane and Vanguard. MAI Capital Management Acquires Carmichael Hill & Associates, Adding $350 Million In AUM $1.1 Billion Avitas To Merge With Lido Advisors, LLC In Multi-Generational Service Move Homrich Berg To Acquire $6.4 Billion WMS Partners In Maryland Hightower Advisors Invests In $800 Million Dechtman Wealth Management In Denver Area Focus Financial Partners Inks Business Management Hub Pact LPL Financial Links Up With Prestige Wealth Group, Adding $540 Million In Assets Francisco Blanco Makes Move To Stonebrook Wealth Partners And LPL Financial Perigon Wealth Management, LLC Lands New Wealth Management Talent From UBS Sanctuary Wealth To Leverage BNY Pershing’s Wove Data-Driven Customer Experience Platform Snowden Lane Partners Rolls Out New Retirement Program For Advisors Joanna Rotenberg To Head New Vanguard Wealth Management Area READ MORE: https://lnkd.in/gsXS2dvR #Mergers #recruiting #WealthSolutionsReport #WealthManagement

Wealth Solutions Report honors outstanding wealth management investments leaders in our annual IS 5: Top Investment Solutions Platform Leaders:   • Mary Ann Bartels, Chief Investment Strategist at Sanctuary Wealth    • Peter Essele, Head of Advisory Solutions at Commonwealth Financial Network   • Gene Goldman, CIO of Cetera Financial Group    • Jeff Krumpelman, Chief Investment Strategist and Head of Equities at Mariner Wealth   • Brian Nick, Managing Director, Head of Portfolio Strategy at NewEdge Wealth   #WealthSolutionsReport #FinancialAdvisors #Investments #WealthManagement https://lnkd.in/gJvwbib4

Summit Financial bought a minority non-controlling stake in Chicago-area RIA Midway Wealth Partners and added it to Summit’s advisor network. Midway is led by Co-Founder, Partner and Manager Rich Babjak, and Partner Dennis Ryan, JD, MBA. Babjak, Ryan and the rest of the Midway team “embody the entrepreneurial excellence we seek, delivering personalized financial solutions that go beyond asset management and forge long-lasting relationships,” said Stan Gregor, CEO of Summit Financial Holdings. https://lnkd.in/gCkGCW4U #Mergers #FinancialAdvisors#WealthManagement#WealthSolutionsReport

Homrich Berg Wealth Management agreed to acquire WMS Partners, a $6.4 billion multi-family office and RIA based in Towson, Maryland. The WMS acquisition will boost HB’s total AUM to over $24 billion. “HB is highly selective as we evaluate potential partners, and we are thrilled to join forces with WMS Partners who we have long admired for their unwavering commitment to serving as a fiduciary to client families,” said Thomas Carroll, CFP®, Homrich Berg’s CEO and President. “Our pledge to client families has always been to create a permanent solution to serve multiple generations,” according to Martin Eby, Co-Founder and Senior Advisor of WMS Partners. WMS already had a “multi-year relationship with HB and have built strong connections across our organizations,” Todd M. Wickwire, CEO of WMS, pointed out. https://lnkd.in/ghsZpKnc #FinancialAdvisors #WealthManagement #WealthSolutionsReport #Mergers