Wealth Solutions Report

Regtech and cybersecurity:?Sid Yenamandra of Surge Ventures brings us the second part of his discussion on cybersecurity opportunities and challenges in this month’s Regtech Surge column with Aaron Spradlin of United Planners Financial Services, Melinda ("Mimi") LeGaye of MGL Consulting LLC. and Srikanth Chavali of Kitecyber. #regtech #wealthtech #WealthSolutionsReport #WealthManagement https://lnkd.in/gBNA5Mtx

MAG Wealth Management acquired Ovation Wealth Advisors and rebranded to Carson Wealth as part of a strategic deal in which Carson Group is taking a 30% equity stake in MAG. Jeremy Willner, MAG’s Founder and CEO, and Carson Group’s CEO, Burt White, provided comments. READ MORE: https://lnkd.in/g4kBrAHr #WealthSolutionsReport #Mergers #WealthManagement #FinancialAdvisors

Sowell Management onboarded three practices with $220 million in combined client assets: Ellis Wealth Advisors, LLC, founded by @Michael Ellis wealth advisors; Rivers Investment Group, founded by Daniel (Danny) Rivers; and Gregg Brant, from Raymond James, Osaic and Edward Jones, respectively. Sowell’s CEO and Founder, Bill Sowell and Chief Revenue Officer, Jason Inglis, provided comments. https://lnkd.in/gusd6P7s #WealthSolutionsReport #FinancialAdvisors #RIAs #WealthManagement

We are proud to announce?that Future Proof has been named one of?Wealth Solutions Report's?IMAGE 10: Top Wealth Management Storytellers! This recognition fuels our commitment to create valuable connections through?innovative event formats and impactful networking opportunities. Thank you to our dedicated team, partners, and the Future Proof community who made this possible! Click below to learn more about the award and be inspired by the other 2024 winners. https://lnkd.in/gyDvmq7u

I may not be a great photographer but we do have a great team. Here’s some of the Craft & Capital gang celebrating our IMAGE 10 award from Wealth Solutions Report. We’re proud to have been named one of the top storytellers in wealth management and while we don’t do it for the awards it’s always nice to bring a new trophy to the office. Thanks to Chris Latham and all his colleagues and thanks to all our clients for having such interesting stories to tell! Chase Kosinski Hope Lyons Aaron Siegel Elynna Klink

Robinhood Markets is buying TradePMR, a custodial and portfolio management platform for RIAs, for about $300 million in a combination of cash and stock. The acquisition is expected to close in the first half of 2025. ”The TradePMR team has one of the strongest RIA networks in the industry,” said Vlad Tenev, CEO and Chairman of Robinhood. “For many years, the advisor industry has discussed the issue of losing customers when assets transition to a spouse or to heirs,” said Robb Baldwin, CEO and Founder of TradePMR. https://lnkd.in/gNzVaaTJ #WealthManagement #FinancialServices #WealthTech #rias #WealthSolutionsReport

Model valuations: Michael Camp of 55ip makes the case for using investment models and tax-smart technology to boost a firm’s valuation for M&A. https://lnkd.in/gctFSEiN #WealthSolutionsReport #M&A #RIAs #WealthManagement

A few months into his new role as CEO of wealthtech firm BetaNXT, Robert Santella discusses with WSR his vision for the firm, how that will be implemented, and how the firm’s DataXChange pilot program, which is on Snowflake’s AI Data Cloud, is proceeding. He also explores the most impactful technologies for wealth management today and what 2025 holds in store for the evolution of wealthtech. https://lnkd.in/g38fXG8q #wealthmanagement #FinancialAdvisors #Wealthtech #WealthSolutionsReport

This week's Wealth Solutions Report Deals & Recruiting Roundup covers CAPTRUST, Mercer, Waverly, Allworth, Creative Planning, Integrated Partners, Fifth Third, Avantax, Miracle Mile, Wealthspire, EP and RBC. ? CAPTRUST Acquires $5 Billion Boston Financial Management, LLC ? Mercer Advisors Acquires Two RIAs With $1.6 Billion In Denver Area, Minneapolis ? Waverly Advisors, LLC Acquires $900 Million Buckingham Advisors In Ohio ? Allworth Financial Acquires $839 Million City Fiduciary Group In Pacific Northwest ? Creative Planning Acquires $550 Million Edmonds Duncan In Kansas ? Integrated Partners Supports Launch Of Generation Capital Advisors In Boston ? Fifth Third Wealth Advisors Adds $2 Billion Advisor Team, Office In Charlotte ? Avantax Recruits Advisor Carolyn Bare Miller In South Carolina ? Miracle Mile Advisors Opens Chicago Office ? Wealthspire Advisors Launches Arts-Investor Education Service ? EP Wealth Advisors Recruits Former SageView COO Jorge Bernal ? RBC Wealth Management Recruits $330 Million Julie-Anne Lewis In Virginia ? #WealthManagement #FinancialAdvisors #Acquisitions #Recruitments https://lnkd.in/gUSBchfD

Thought leadership: John O'Connell, MBA of The Oasis Group describes the differences between thought leaders and other leaders or influencers, the benefits of being a thought leader, and how you can become one. https://lnkd.in/g4VPYYpz #WealthSolutionsReport #FinancialAdvisors #WealthManagement?