Fragmented Compliance and Private Markets Ready for Expansion

Private market investments have been a growing trend, as indicated by Hamilton Lane’s report. The development of private markets for advisors’ clients is still in its early stages, with much more expected this year. Clients are seeking access to private equity, private credit, and venture capital deals. This trend is one to watch for potential growth opportunities in the private markets.

At FSI OneVoice this week, there is coverage related to tools and risk management in fragmented compliance. Larry Shumbres of Archive Intel highlights the issues arising from fragmented compliance and off-channel communications. He provides five steps for advisors and firms to address the regtech platform puzzle. Shumbres emphasizes the importance of integrated regtech solutions to maintain the context of client conversations crucial for SEC compliance.

Berkshire Global Advisors’ 2025 RIA M&A report shows record deal volume in the U.S. wealth management industry. The surge in M&A transactions is driven by rising client expectations, the need for scalability, and higher valuations. Sales to younger internal advisors are becoming more expensive due to these factors. The report highlights the growth and activity in the wealth management sector, signaling potential opportunities for acquisitions and mergers.

Hamilton Lane’s global survey of RIAs and wealth management professionals reveals a strong interest in private market investments for 2026. The survey indicates that 86% of respondents plan to increase their private markets allocations this year. This suggests a significant uptick in private market investing, showcasing a shift in investment preferences and strategies among wealth management professionals.

Additionally, recent deals and recruiting activities in the industry underscore the dynamic landscape of wealth management. Acquisitions by Corient and Bluespring, along with M&A research by Berkshire, demonstrate the ongoing consolidation and expansion within the sector. New services introduced by AssetMark and Wealth.com, recruiting efforts by LPL and NewEdge, and strategic partnerships further highlight the vibrancy of the wealth management market.

The Foundation for Financial Planning announced its 2026 Board of Trustees, with changes in leadership positions. The appointment of new chairs symbolizes the commitment to charitable endeavors in the wealth management space. Meanwhile, LPL Financial welcomed Ohio advisors Breanne Bovara and Derrick Petry to its W-2 channel, solidifying its presence in the wealth advisory sector.

In conclusion, the wealth management industry is witnessing significant developments in private market investments, compliance, M&A activities, and leadership appointments. These trends reflect the evolving landscape of wealth management and present unique opportunities for firms and professionals in the industry. Stay tuned for more updates and insights on the latest trends in wealth management.