Industry analysts continue to debate over who will acquire Regions Financial’s brokerage firm, Morgan Keegan, but nobody is commenting or confirming anything. The haggle is obviously over price, but it looks doubtful it will be the $1 billion that Regions is looking for. After all, this has been in the works for over six months [...]
Assets in RIA firms on the Rise
September 13, 2010 By Leave a Comment
RIA firms have substantially increased their assets under management within the past year as of this past quarter. Their growth has jump by the end of the 2nd quarter and the top firms have almost doubled their accounts. Advisors are realizing that breaking away from wirehouses to RIA firms is a lucrative way to go. [...]
Follow @willisconsult