The minority investment in Fortage Capital kicks off what Elevation Point CEO Jim Dickson said should be an active remainder of the year with breakaway wirehouse teams and larger RIAs.
Tyler Brown has partnered with RFG Advisory to launch TurnPoint Wealth, while former Financial Reserve advisor Claudio Porter joins as a solo advisor under the RFG brand.
The past six months saw the RIA channel gain the most net new advisors, though wirehouse breakaways were most likely to take a half-step to hybrid models, according to the new data from AdvizorPro.
The fundraising round was led by GIC, Singapore’s sovereign wealth fund, to fuel product launches and executive hires, and values Altruist at $1.9 billion.
The founder of Concurrent Financial Planning opens up about his challenges—bankruptcy, self-medicating behaviors and racial microaggressions—all while searching for balance, healing and true fulfillment.
Craft and Capital's Chris Sullivan discusses the importance of creating engaging narratives in asset management, the value of leveraging media relations for effective communication and the importance of authenticity and having clear, differentiated messages to stand out in a competitive market.
In 2024, high-net-worth households captured a disproportionate share of the $90 trillion in U.S. wealth, meaning more demand for holistic advisor services and a risk/reward decision in serving younger, less wealthy clients.
To ensure uninterrupted delivery of this critical eNewsletter alert be sure to add WealthManagement.com and the reply address to your list of safe sender contacts.
