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Est. 2026The front page of wealth managementNew York

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IN Nominations now open for 5-Star Financial Planners 2027RB Craig Siegenthaler sat out the Oct. 29 Ameriprise conference call but three of his peers asked about the 'elephant' he cited in double-downgrading the broker's stock ten days earlier, triggering a share price diveIN Large RIAs name ChatGPT, Copilot and Claude in job posts far more than advisor AI toolsFP The 'advisor paradox' of clients who trust AI for financial adviceWM Trusts & Estates: November 2026 Digital EditionWM Court Tosses Suit Challenging NYC Pied-A-Terre Tax RolloutWM BKFi Acquires San Diego-Based Firm in First DealIN Mariner’s Hugo AI uncovered $22B in client assets, says Marty BicknellIN SEC finalizes $1B small-entity threshold for RIAsWM New PIABA President Details FINRA Reform Concerns, Crypto Law's Future

Thursday, November 5, 2026

The Morning Edition

MARKETS IN 5
Democratic midterm sweep lifts stocks and pulls oil lower
STOCKS
Major indexes post strong gains on midterm results
RATES
Treasury yields ease after midterm results
COMMODITIES
Oil falls on hopes of Middle East settlement
ECONOMY
ISM services index slows to 54.5 in October
EARNINGS
AppLovin jumps after hours; Qualcomm slips
Miles Ashford, Markets Correspondent · Read it in five minutes
FROM THE NEWSROOM
Former UBS team launches Cleros Wealth Partners with Elevation Point backing
A UBS team with about $3.61 billion in historical assets under supervision has formed independent RIA Cleros Wealth Partners, backed by minority investor Elevation Point.
Grant Whitmore, Moves Correspondent
Newport Beach firm RS Crum joins Modera Wealth in its first West Coast move
Westwood, New Jersey-based Modera Wealth Management has combined with Newport Beach firm RS Crum, adding about $750 million in assets and its first West Coast office, according to InvestmentNews.
Vivian Cole, Deals Correspondent
Creative Planning buys Syracuse-based Rockbridge Investment Management
Creative Planning has acquired Rockbridge Investment Management, a fee-only Syracuse RIA that the firm says manages about $2.2 billion, with the deal closing on Nov. 2.
Vivian Cole, Deals Correspondent
Former UBS Fort Worth team launches Cleros Wealth with Elevation Point backing
A former UBS team in Fort Worth has launched Cleros Wealth Partners as an independent RIA, with a strategic investment from Elevation Point and custody at Goldman Sachs.
Grant Whitmore, Moves Correspondent
THE WIRE
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WINTHROP & CO.
FORGIVABLE LOANS
Negotiating a forgivable loan: the terms that actually move
Forgiveness cadence, carve-outs, production thresholds and jurisdiction, in the order to ask for them.
READ THE ANALYSIS
DEALS · WEALTHMANAGEMENT.COM
BKFi Acquires San Diego-Based Firm in First Deal
HEAT INDEX · 24 HOURS
1. UBS 3 stories
2. Raymond James 2 stories
3. CAPTRUST 2 stories
4. Elevation Point 2 stories
5. SEC 2 stories

Past editions

  1. Former UBS team launches Cleros Wealth Partners with Elevation Point backing
  2. Nevis seeks AI agents able to move money while Schwab keeps outside tools read-only
  3. Accelerated Wealth Partners agrees to minority stake in Braintree's Pallas Capital
  4. Citizens Private Wealth won last week in advisor recruiting
  5. Small RIAs get a $4,800 Claude offer from Schwab, but the seat minimum remains
  6. SurgeONE.ai adds communications archiving and off-channel monitoring to Avery Actions
  7. VanEck launches Wealth Builder ETF as Fidelity manager leaves $33bn fund
  8. Sheets and Green bring J.P. Morgan group to Rockefeller in Houston
  9. Latigo Peak Partners won last week in advisor recruiting
  10. Claude for Financial Advisors comes with a 20-seat Enterprise floor
  11. Fired as a financial advisor: what your Form U5 will say, and the clocks that start the day you leave
  12. Elevation Point takes minority stake in ex-UBS Truing Capital team