Deals & Moves: Savant Plants Flag In Maine, Cerity Expands to Oregon Wealth Management
Summary generated by RabbitReport AI from public reporting. The full article and original reporting belong to Wealth Management.
An industry leader has raised concerns regarding the lack of transparency in fee structures within the wealth management sector, alleging 'deliberate obfuscation' by firms. This warning highlights ongoing scrutiny over how investment costs are communicated to clients and the potential impact on trust within the industry. For wealth managers, these allegations underscore the increasing pressure to provide clearer, more standardized disclosures to meet regulatory and client expectations.
July 4, 2026InvestmentNews has announced the upcoming InvestmentNews Awards 2026, an event focused on celebrating the highest achievements within the wealth management industry. The awards serve to recognize the professional excellence of individuals and organizations that drive the sector forward through innovation and client service. This event is a key fixture for the industry, providing a venue for benchmarking success and fostering professional connections among elite financial advisors.
July 4, 2026Wealth Enhancement Group has reached an agreement to acquire the Kaminsky-Silverman Group, a New York-based advisory team managing over $554 million in client assets. This transaction represents the second acquisition from the historic Shufro Rose firm in just two days, following a similar deal for the $760 million Shufro-Glass Group. The move highlights the ongoing consolidation within the wealth management sector as national platforms seek to absorb specialized regional teams to expand their scale and service capabilities.
July 3, 2026Citywire has launched a retrospective feature titled "10 for 10," which gathers insights from prominent industry figures regarding the evolution of the wealth management sector over the last decade. The series aims to provide a comprehensive look at the major trends and shifts that have defined the industry since 2014. This historical analysis offers wealth management professionals a chance to reflect on past developments and their long-term impact on current advisory practices.
July 3, 2026