Latest News
Nov 23, 2023
Orion rescinds RTO order after its staff rebels by hijacking company email list, distributing petition and tipping off RIA media
CEO Natalie Wolfsen suffers first setback and rescinds a return-to-office (RTO) policy after week of protest to work on a more collaborative agreement on a post-COVID new normal
Oct 23, 2023
Focus Financial makes 'abrupt' CEO call, lets Rudy Adolf go into 'retirement,' with 'no solution in place;' the eighth RIA chief executive unseated since June as VCs move in -- where is the EBITDA?
Clayton, Dubilier & Rice closed on its $7-billion purchase of the roll-up on Aug. 31 -- with no hint that its parting of the ways with legendary 60-year-old founder was in the offing.
Sep 28, 2023
After false start, Goldman Sachs unloads high net worth unit to high-flying Peter Mallouk whose wide-spectrum offer won 'United Capital' in eight days
The Creative Planning CEO only paid a 'not material' price to Goldman Sachs to make a potentially quantum leap ahead toward dominance in the 'national RIA' race
Sep 7, 2023
Seven 'RIA' chief executives are stepping aside for CEO 'operators' as PE backers get 'trigger' happy in adverse market; here are their stories
Whether it's Edelman Financial Engines, SMArtX, Allworth or InvestCloud, the re-CEO-ing process follows a fat 2020 capital raise and thinner results in stormy financial markets.
Aug 3, 2023
Scott Hanson and Pat McClain throw off 'death grip' of 'cognitive dissonance' by stepping down from co-CEO positions, which one attests could 'suck the life' from him
The radio-star serial co-founders of an $18-billion RIA growth machine in Folsom, Calif., aren't apologizing and shouldn't, experts say -- rather they probably should take a bow for decisive action.
Jul 12, 2023
In apparent reversal, Charles Schwab Corp. is telling thousands of staffers in five cities to work from home -- six more cities, including its old San Francisco headquarters, are on the chopping block
The Westlake, Texas, company broke the news to staff in a memo obtained by RIABiz, announcing a mass downsizing of office space that could slash overhead
Oct 21, 2022
Dave Welling's rollup hits $39 billion of AUM and hires a 37- year-old breakaway from BlackRock to turn internal five-click shopping into a 'single conversation'
The Mercer Advisors CEO in Denver now has a 'president' reporting to him from the Big Apple to take on the specific mission of wiring a national RIA, rather than day-to-day operations at a rollup.
Jun 15, 2021
In the Suite Podcast #47: Redefining Leadership and Exploring Human Capital and Compassion with Cecile Munoz, Founder and President of U.S Executive Search & Consulting
We’re so excited to welcome Cecile Munoz, the CEO and President of U.S Executive Search & Consulting. There are many words used to describe Cecile Munoz – Founder, Serial Entrepreneur, Podcaster, and Ballroom dancer.
Oct 26, 2020
Goldman Sachs nabs TD Ameritrade's Darla Sipolt for RIA custody; Kate Healy, Jim Dario and Peter Dorsey are among 1,000 staffers cut by Schwab post TD merger
Included in the wholesale reduction of the Omaha, Neb.-based broker's redundant talent, about 40% of TD Ameritrade's marketing staff also got word today they have no future with their San Francisco-based owner.
Oct 5, 2020
Between Now and Success Podcast: Adapting Your Leadership Style to Meet the Current Times: A conversation with Cecile Munoz
Imagine you’ve just given a fantastic presentation to a roomful of executives. You’re pumped because you know all your preparation and rehearsal paid off. And you can tell from the energy in the room that your audience was knocked out…
