“We are headed for a period where there will be increased volatility for risk assets. When we see a period like that, we see ETFs benefit afterward,” says Guggenheim’s William Belden.
The RIA has acquired Austin-based Murray & Co. and Hartford, Conn.-based Pinnacle Investment Management, bringing its total client assets to $11.6 billion.
Bringing R. Applegate’s $4.5 billion retirement plan and wealth management business into the fold will increase Root’s presence throughout Pennsylvania and the Midwest.
