But the firm hopes to capitalize on opportunities in the wake of the crisis as banks look to diversify revenue streams with brokerage and wealth management services, says Dan Arnold.
The Friedman Peters Group has more than $400 million in managed assets and will join RBC’s San Francisco location, following several other additions in the Golden State earlier this month.
CI Financial says it will use the profits from selling a minority stake in $5 billion AUM Congress to pay down debt. Meanwhile, Captrust, Allworth Financial, Wealth Enhancement Group, Sanctuary Wealth and MAI announced transactions representing more than $6 billion in assets this week.
Our RIA Edge 100 list looks to identify those firms that are seeing the most success while continuing to provide high-quality, hands-on service to an expanding client base.
Did someone forward you this newsletter? Sign up here to receive it direct.
You are subscribed to this newsletter as EmailAddress
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.
