The landscape of the American wealth management industry is currently defined by a massive, high-stakes game of financial musical chairs. As private equity (PE) firms continue to pour billions into Registered Investment Advisors (RIAs), the pressure is mounting for these consolidators to prove their long-term viability through the ultimate exit strategy: the public markets. According […]
The financial advisory landscape is currently defined by a striking paradox: while the "fee-only" fiduciary model commands the highest levels of client satisfaction and loyalty in the industry, it is steadily losing market share to hybrid and insurance-licensed competitors. A first-of-its-kind research report from Cerulli Associates, commissioned by the Indiana-based fee-only firm Credent Wealth Management, […]