The private equity-backed aggregator launched by veterans of Goldman Sachs and United Capital has acquired Barber Financial Group, with $1.5 billion in assets. You have read 21 of 3 free articles this week. Register now for increased access. Register for free access to this article. By registering, you can read up to 3 articles per week. Register Already registered? Sign in to continue reading or subscribe for unlimited access. Newsletters Subscribe for original insights, commentary and...

Blockchain technology is changing the way dividends are distributed, marking the latest stage of innovation in the digital currency space. The INX Digital Co., a broker-dealer, has facilitated the first security token dividend distribution on its platform using blockchain technology. “It’s an exciting example of the versatility of blockchain technology,” said Ric Edelman, founder of Digital Assets Council of Financial Professionals. “While it might seem unnecessary to develop a new way to...

Institutional investors lean into active management, despite trend toward passive A Cerulli report shows how the so-called smart money is generally increasing exposure to active strategies. Advisory firm looks for clients right before they need advice Michigan-based Innovia Wealth concentrates on entrepreneurs who are on the brink of striking it rich. Arkansas RIA recruits $650 million trio, becoming one of state’s largest advisory firms Brian Wood, Michael Peebles and DeAnn Gann are joining...

Advisory firm looks for clients right before they need advice Michigan-based Innovia Wealth concentrates on entrepreneurs who are on the brink of striking it rich. Arkansas RIA recruits $650 million trio, becoming one of state’s largest advisory firms Brian Wood, Michael Peebles and DeAnn Gann are joining Legacy from Arvest Bank and will open a new office in Northeast Arkansas. Slowdown in M&A threatens decade-long streak of increasing RIA consolidation The number of deals in the first two...

Bucking the trend: Why some advisors refuse to outsource investment management As portfolio management becomes increasingly commoditized, advisors make the case for managing assets in-house and promoting that to clients as a unique value-add. Expatriate advisor finds a home and client base in France Robert Levitt has traded Florida for the French Riviera, where he sees a wide-open market in the 250,000 Americans living there who need financial advice.