Invesco to Support Trump Accounts, Morgan Stanley Tops $1T in IRA Assets
Invesco Ltd., a leading global asset management firm, has announced its support of the U.S. government’s new tax-advantaged child savings Section 530A Accounts, also known as Trump Accounts.
Invesco said it will match the government’s $1,000 contribution to eligible newborns of its eligible U.S. employees. The firm also intends to contribute to the accounts of other eligible children of its eligible U.S. employees.
“Helping people invest for a better future is central to Invesco’s purpose, and enabling the financial wellness of our employees and their families is vital to achieving that,” said Andrew R. Schlossberg, president and chief executive officer of Invesco. “These accounts represent an important opportunity to encourage long‑term saving and investment habits from an early age, while expanding access to capital markets for the next generation.”
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Morgan Stanley Wealth Management Tops $1T in IRA Assets
Morgan Stanley Wealth Management today announced it surpassed $1 trillion in individual retirement account (IRA) assets under management (AUM).
“Surpassing $1 trillion in IRA assets is a testament to the value we provide clients and the trust they place in us,” said Chad Turner, head of Morgan Stanley Wealth Management Platforms. “Delivering easy to use tools to our clients and Financial Advisors is paramount to driving engagement. Our innovative solutions paired with the resources and expertise Morgan Stanley offers, helps our clients plan for the future and gives them confidence when investing their nest egg.”
“Through the E*TRADE platform, our focus is simple: We meet clients where they are,” said Matt Jones, head of E*TRADE from Morgan Stanley. “As investors grow and evolve, we arm them with professional-grade tools and expert insights that match their needs and guide them through a comprehensive investing experience.”
This announcement builds on E*TRADE from Morgan Stanley’s continued investment in enhancing the Individual Retirement offering, IRA rollover experience and retirement tools. Later this year, E*TRADE from Morgan Stanley plans to introduce a comprehensive retirement planning tool that leverages Morgan Stanley’s proprietary planning methodology, further extending the firm’s industry-leading capabilities to E*TRADE clients.
Next Page: Waverly Advisors Buys McBride Financial Advisors >
Waverly Advisors Buys McBride Financial Advisors
Waverly Advisors, LLC has acquired McBride Financial Advisors (McBride) based in Seahurst, Washington. This is Waverly’s second transaction in the Pacific Northwest this year, following its acquisition of Pure Portfolios based in Lake Oswego, Ore. in January.
Founded by Michael McBride, the firm provides comprehensive wealth management services, including financial planning, retirement planning and estate and trust planning, with options to implement tax-sensitive investments and philanthropic strategies. As part of the transaction, Michael McBride will join Waverly as a Wealth Advisor, bringing with him approximately $181 million in assets under management, as of Dec. 31, 2025.
“As Waverly continues to thoughtfully expand our footprint, acquiring firms that lead with integrity and have a deep sense of responsibility to their clients is our top priority,” said Justin Russell, president and CEO of Waverly. “McBride exemplifies what it means to operate as a dedicated fiduciary, making it a priority to understand each client’s unique situation and deliver advice with care, discipline and professionalism.”
“McBride’s mission has always been to provide responsive and personalized services grounded in trust and transparency,” said Michael. “Partnering with Waverly allows me to remain consistent in my client service approach, while benefiting from added resources that enhance my ability to support my clients’ complex planning needs.”
The acquisition of McBride marks Waverly’s 31st transaction since accepting an equity investment in December 2021 from Wealth Partners Capital Group (WPCG) and HGGC’s Aspire Holdings platform. The transaction closed on March 13, 2026. Waverly’s AUM is set at approximately $30.4 billion, as of March 16, 2026.
“This transaction advances Waverly’s long-term growth strategy and accelerates its expansion in a key, regional market,” said Pete Wheatley, director at WPCG. “The acquisition strengthens Waverly’s presence in the Pacific Northwest and underscores its disciplined M&A approach, rooted in cultural alignment.”
Next Page: Osaic Welcomes $204M The Finance Couple >
Osaic Welcomes $204M The Finance Couple
The Finance Couple has joined Osaic from the firm LPL Financial, bringing $204 million in client assets. The Greenville, South Carolina–based advisory firm founded by husband-and-wife team Tim Curran, JD, CFP, and Wynne Curran, has joined Osaic through its office of supervisory jurisdiction (OSJ) Innovative Financial Group (IFG).
The Finance Couple is a boutique financial planning and asset management firm specializing in financial planning and asset management for couples and women approaching or in retirement. Owned and led by a husband-wife advisory team, the firm provides tailored financial guidance that speaks to both members in a relationship.
“Our independence is what allows us to provide our clients transparent, research-based advice that is rooted in our real-world experience as a couple raising a family,” said Wynne Curran.
“Our focus has always been on comprehensive financial planning combined with common sense asset management for the betterment of our clients; Innovative Financial Group and Osaic stood out as true partners who will provide the technology and support we need to grow, while helping us maintain our strict focus on our clients,” added Tim Curran.
After deciding to transition from LPL Financial, the Currans evaluated several firms before selecting IFG and Osaic as their new professional home. Their decision was driven by alignment with Osaic’s collaborative advisor community, flexible platform and robust succession planning resources designed to support long-term business growth.
“Tim and Wynne have built a deeply unique, client-centric practice that is a perfect fit for our platform,” said Brian Heapps, president and CEO of IFG. “We’re excited to support them as they continue to deepen the impact they have on their community and the clients they serve.”
Together, the Currans bring more than 35 years of combined experience delivering financial advice. They provide a comprehensive suite of services to their clients, including wealth management, comprehensive financial planning, retirement strategies and tax- and estate-planning guidance. Joining them is their client services director, Megan Jette.
Next Page: T. Rowe Price Expands Leadership Team >
T. Rowe Price Expands Leadership Team
T. Rowe Price is adding to its leadership team responsible for delivering retirement capabilities to participants.
The expanded team now includes Jessica Sclafani, CAIA, who will become head of the Retirement Strategist team; Richard Parkin, who recently joined T. Rowe Price as the head of UK Retirement; and Scott Keller, head of Americas, APAC, and EMEA Distribution, who will take on an expanded remit to include oversight of retirement strategy execution. These leaders join Dee Sawyer, head of Global Distribution, and Sébastien Page, head of Global Multi-Asset and Chief Investment Officer, in guiding enterprise retirement strategy, product development, and thought leadership for T. Rowe Price.
“For more than forty years, T. Rowe Price has been a recognized and trusted leader in the retirement industry,” said Sawyer. “We have invested in research, strengthened our global capabilities, and expanded our offerings with a clear focus on better understanding the wide-ranging needs of retirement savers. Augmenting our collaborative retirement leadership team enables us to deepen our focus on delivering the innovative solutions, actionable insights, and personalized support we believe will empower more people to achieve lasting financial well-being.”
These leadership appointments follow the planned retirement of Michael Davis, whose 34-year career has included investment banking, asset management, and retirement policy. Since joining the firm in 2016, Davis has held several leadership roles at T. Rowe Price, amplifying the firm’s voice on retirement issues and building high-performing teams across the organization.
“Michael has made a significant and lasting impact on our retirement business,” Sawyer added. “Among his most meaningful contributions have been the strong, focused teams built under his leadership. He established a foundation for our retirement strategy that will continue to shape our work. As we continue to advance our position as a global retirement provider, we remain steadfast in our commitment to driving better retirement outcomes for our clients.”