How will wealth management change in 2026? In this episode of Bank on Wipfli, join Wipfli’s Robert Zondag for a conversation with Diamond Consultants CEO Louis Diamond and Wipfli partner Ron Niemasyk about the evolving dynamics of the industry in areas like recruitment, tech and private equity partnerships — plus how wealth management advisory firms are adapting to keep up.
Listen for a rundown on key trends that will shape wealth management over the next 12 months, including:
- Firms moving towards advisory-focused business models, including why tax and estate planning have become expected service offerings.
- Wealth advisors leaning heavily on technology to drive growth, including AI, CRM integration and a focus on operational efficiency.
- Private equity’s growing interest in the registered investment advisor (RIA) sector, what’s driving record 10-12x EBITDA valuations, and why long-term success can depend on capital decisions.
- Key recruiting and retention strategies, including a holistic approach that embraces flexibility, culture, technology and succession planning.
- Major recruiting red flags, like compensation changes, limited growth support and a lack of integration into the team.