Modern Wealth Expands Into Colorado With Brown Acquisition Modern Wealth acquires Denver firm Brown and Company, adding $1B in assets and opening its first Colorado office to grow in the West

The addition of Brown and Company represents the second LPL practice Modern Wealth has acquired this month, bringing the RIA’s total assets to over $13 billion.

TPAs Face AI-Driven Changes Amid Industry Challenges TPAs said they're leveraging AI to meet rising client demands and adapt to labor shifts while navigating tech adoption and consolidation trends

Summary of the TRAU pre-roundtable TPA interviews.

401(k) Real Talk Episode 189: April 22, 2026 Fred Barstei discusses EBSA priorities, AI in wealth management, flaws in the DC system, alts in 401(k)s opportunities for advisors and more.

Open, honest and candid discussion about EBSA priorities, AI in wealth management, flaws in the DC system, alts in 401(k)s opportunities for advisors and more.

Wells Fargo Advisor Alleges Age Discrimination Former Wells Fargo advisor Kenneth Schneider claims age bias after being fired at 78, citing unequal treatment and loss of wages

Kenneth Schneider, a former Wells Fargo advisor, claimed that managers at the firm had been trying to get him to retire for years before he was unfairly let go in 2023.

$500M Pointes North Moves to Osaic’s W-2 Channel Pointes North Wealth Management transitions to Osaic’s W-2 model, reducing operational complexity and expanding succession-planning options.

Pointes North Wealth Management, a Salem, N.H.-based financial advisor practice with about $500 million in client assets, has moved from independent broker/dealer Osaic’s 1099 to its W-2 employee channel.

Citi Wealth Partners With Advyzon for Global UMA Launch Citi Wealth and Advyzon launch a global UMA program with multi-currency, alternative investments and enhanced client reporting

Citi Wealth partners with Advyzon to launch a UMA featuring alternative investment options and multi-currency capabilities.

How to Find Colleges That Offer Merit Scholarships Learn how to identify colleges offering merit scholarships and discounts to help families save on tuition costs and maximize value

Ways to squeeze discounts from colleges.

11 Investment Must Reads for This Week (April 21, 2026) Investment news for financial advisors on liquid alternatives, ETF flows, private credit and close-end funds.

The largest ETF has now crossed $900 billion in assets and could hit $1 trillion by the end of 2026. Questions continue to swirl around private credit funds for retail investors.

HWB Partners Joins Baird Wealth Management Team Baird adds HWB Partners, a sports-focused wealth advisory team, to its private wealth management business in Indianapolis

Baird welcomes HWB Partners, a sports-focused wealth advisory team from Goelzer, to its private wealth management business in Indianapolis.

6 Commonwealth Firms Link Up to Create $4B RIA Kintra Wealth is preparing to launch with 74 employees across eight states as a new, advisor-owned and operated RIA platform.

Six former Commonwealth Financial Network teams have come together to form a registered investment advisor platform, Kintra Wealth.

Mercer Advisors Hires Chief Solutions Officer From Morgan Stanley Melissa Nims takes over for Jeremiah Barlow, who has been appointed chief commercial officer, a newly created position.

Mercer Global Advisors, the Denver-headquartered registered investment advisor with $96 billion in assets under management, has hired Melissa Nims, a former Morgan Stanley executive, as its chief solutions officer.

The Future Of Wealthtech Is AI Integration And Connectivity AI tools are transforming wealthtech with deeper integrations and smarter workflows that expand advisor capacity and streamline operations

The Financial Advisor FinTech Solutions Map compiled by Michael Kitces and Craig Iskowitz turns 8 years old this month.

CITs Gain Ground in 401(k) Plans Amid Fee Concerns Collective investment trusts offer lower fees but raise questions about transparency, conflicts, and due diligence in retirement plans

CITs are causing confusion among plan sponsors.

Advisors Must Build Family Bonds To Retain Wealth Financial advisors face challenges as $84T wealth transfer reshapes client relationships

A new survey run by Natixis shows baby boomers are more likely to be switching advisors than their younger peers as they prepare to transfer wealth to inheritors or spouses.

Deals & Moves: Mariner Adds Teams With $500M Also, Caprock opens a Denver-based multi-family office, OnePoint BFG snags a $450M Northwestern Mutual team, and Wealth Enhancement buys RIA in Dallas.

Deals & Moves 🤝

Mariner Adds Two Teams of $500M to W-2 Channel +

Caprock opens a multi-family office in Denver, OnePoint BFG snags a $450M Northwestern Mutual team, and Wealth Enhancement acquires an independent Dallas RIA.

Iconiq Capital Expands AI Investments With Anthropic Stake Iconiq Capital bets big on AI startups, investing billions in Anthropic and others to reshape industries and drive global innovation

Historically a behind-the-scenes operator, Iconiq has grown into a behemoth with $100 billion in assets under management, according to documents obtained by Bloomberg and a person familiar with the matter.

AI Trends Transforming Wealth Management Platforms AI is changing wealth management with conversational input, scalable back-office roles, and improved APIs for autonomous agents

AI is revolutionizing wealth management, from replacing manual data entry to enhancing back-office roles and enabling scalable infrastructure.

Leads From $10B Bank Firm Break Out to Form RIA Prairie View Prairie View Wealth Advisors has launched with three veteran bank advisors, a tax-forward wealth focus and custody partner Raymond James.

Three lead advisors from a $10 billion bank wealth team have broken away to form a fee-only registered investment advisor, Prairie View Wealth Partners, in Sioux Falls, S.D., with Raymond James as its custodian.

The Diamond Podcast for Advisors: Cresset's Wen Nottebohm Wen Nottebohm of Cresset joins Mindy Diamond to share the next gen perspective

Wen Nottebohm of Cresset joins Mindy Diamond to share the next gen perspective: how advisors can design their own growth path, earn credibility among UHNW clients, the value of mentors, the influence of AI and more.

People Moves: Raymond James Appoints Private Client Group COO Osaic, Orion, Falcon Wealth Planning and Carson hire for senior leadership roles, while Great Valley promotes from within.

People Moves 🤝

Raymond James Appoints New COO for Private Client Group +

Former Microsoft executive joins Osaic’s technology team, Orion hires a new leader of wealth management sales, and Carson recruits a business development leader from Dynasty.

RIA Buyers Say Slow Growth Doesn't Always Kill Deal Interest RIA buyers at RIA Edge Nashville said slower-growth firms can still land a high valuation if they think scaling them will bring new clients.

RIA buyers and consultants at RIA Edge Nashville said slower-growth firms can still command high valuations if it appears integration will bring new clients.

Corient Acquires $10.7B European Wealth Manager Following its acquisitions last year of two U.K.-based wealth managers, Corient expands its global footprint with Geneva-based Bedrock Group.

Following its acquisitions last year of two U.K.-based wealth managers, Corient expands its global footprint with the acquisition of Geneva-based Bedrock Group.

CFP Board Fee System Faces Criticism From CE Providers CE providers say CFP Board fees create financial burdens and call for direct billing to reduce costs and improve transparency

Continuing education providers are suggesting the CFP Board include its reporting fee costs in the Board’s annual certification dues for clients, though a spokesperson says the Board “is not passing on additional costs to certificants.”

Edelman Funds Rowan's New School of Financial Planning Edelman Financial Engines commits $10M to Rowan University for a new financial planning school to address the advisor shortage and advance CFP education

Edelman Financial Engines commits $10M to establish Rowan University’s School of Financial Planning, addressing the advisor shortage and advancing CFP education.

Understanding DOL’s Proposed Rule On Fiduciary Duties Advisors can explore opportunities in DOL’s proposed fiduciary rule to enhance client relationships and investment processes

Five items for advisors to confidently discuss the proposed regulation with clients.

Schwab AI Push To Include Client-Facing AI Agents in June Schwab CEO Rick Wurster also announced increased investment in the AI-tax platform http://spr.ly/63323B64AfR as the firm sought to calm investor fears about an AI lag.

Schwab CEO Rick Wurster also announced increased investment in the AI-tax platform spr.ly/63323B64AfR as the firm sought to calm investor fears about an AI lag.

TaxStatus Expands on Integration with http://spr.ly/63321B644H9 TaxStatus is building on its integration with http://spr.ly/63321B644H9, giving advisor clients free access to 12 tax planning strategies.

TaxStatus is building on its integration with spr.ly/63321B644H9, giving advisor clients free access to 12 tax planning strategies.

TIFIN Revamps AI Platform for Wealth Managers http://spr.ly/63325B64Zmx offers agentic workflows for wealth managers, meant to streamline operations, investment management, client engagement with multi-agent support

spr.ly/63325B64Zmx introduces agentic workflows for wealth managers, meant to strreamline operations, investment and client engagement with multi-agent support.

Morgan Stanley CEO Highlights Private Credit Growth Potential Morgan Stanley CEO Ted Pick sees private credit as a growing asset class with long-term potential despite current market challenges

Morgan Stanley’s wealth division posted record revenue in the first quarter of 2026, with CEO Ted Pick emphasizing private credit’s long-term growth potential despite current challenges.

RIA Edge Nashville: Why to Plan Succession 5-7 Years Out At RIA Edge Nashville, speakers from Integrated Partners, Merit, Mercer and Stratos dug into the challenges and benefits of long-term business planning.

Speakers at RIA Edge Nashville from Integrated Partners, Merit, Mercer and Stratos Wealth dug into the challenges and benefits of long-term business planning.