RIA Breakaway OpenArc Aims to Reach $15 Billion in Wealth Assets by Year End
RIA Breakaway OpenArc is on track to reach $15 billion in wealth assets under management by the end of 2026, having already reached $10.5 billion in April. The firm, which previously operated as part of Merrill Lynch, is working to regain its former assets while competing with larger RIA aggregators and collaborating with Charles Schwab and Dynasty Financial Partners.
Topics: assets under management Charles Schwab Dynasty Financial Partners Merrill Lynch OpenArc RIA growth