You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Cetera continued to bulk up the independent broker/dealer space this week by adding a 34-person team overseeing $1.8 billion in client assets that had been with insurer Northwestern Mutual’s investment services group. Seattle-based Pillar Financial Group and its seven partners will now operate in the Cetera network, with BNY Pershing for custody. CEO Luke Madsen, who had been with Northwestern o ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Cetera Financial Group is adding its first billion-plus team from LPL Financial’s Commonwealth Financial Network with the addition of King Financial Network, a 14-person team overseeing more than $1.1 billion in client assets. King Financial, based in Manalapan, N.J., will join Cetera’s Summit Financial Networks, a super office of supervisory jurisdiction of the broker/dealer, or a “region,” as ...

After moving mostly higher early in the session, stocks continued to turn in a strong performance throughout the day on Thursday. The major averages all moved to the upside after ending yesterday's trading mixed, reaching new record closing highs.The tech-heavy Nasdaq led the way higher, jumping 209.40 points or 0.9 percent to 22,470.73. The S&P 500 also climbed 31.61 points or 0.5 percent to 6,631.96, while the Dow rose 124.10 points or 0.3 percent to 46,142.42.Technology stocks helped lead the higher ami ...

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. At its annual conference this week, Osaic rolled out several capital-raising options for its advisors, ranging from personal credit lines to performance loans, for what one senior executive called the advisors “in the middle” who are looking to grow. “As an industry, I think we’ve done really well by advisors in providing capital for advisors who are in transition and for the M&A succession side ...

公司业务与资产规模 - Osaic公司的W-2顾问渠道（包括混合模式和纯收费模式）管理着约570亿美元的客户资产，另有240亿美元资产正在引入中 [1] - W-2渠道的资产规模相对于公司其他顾问合作模式（包括传统的1099独立顾问模式）约7000亿美元的总资产而言占比较小 [1] - 公司通过近期收购CW Advisors（资产规模135亿美元）新增了纯收费RIA选项 [2] 行业趋势与战略重点 - 财富管理行业三大驱动力为：顾问数量减少、美国资产快速增长、以及对新建议模式有不同期望的新投资者 [1] - RIA市场将经历大规模整合，类似40年前大型券商的发展路径，并已出现大型财富管理公司 [2] - 公司强调其具备跨合作模式运营的能力，包括独立咨询/经纪1099模式、作为继任计划的混合W-2模式，以及纯收费RIA模式 [2] 公司转型与技术发展 - 公司已完成名为“Journey to One”的整合项目，自2023年起全面整合了八家经纪商 [3] - 此次转型导致顾问流失，根据 Wolfe Research 报告，截至6月，Osaic在2025年净流失顾问223名，流失率在报告中列第二 [3] - 公司承认转型过程存在波折，包括过快地推出了2.0技术，但目前拥有完全灵活的自有数字技术栈，可实现新工具的即插即用 [5] 增长机遇与顾问支持 - 对于未来10年有志于提升企业总价值的顾问而言，存在巨大机遇，不应仅满足于应对需求，而应谋求真正繁荣 [3] - 公司会议讨论重点是为顾问提供跨合作模式、技术乃至资本募集模型等多种选择 [5]