SEC gives RIAs a late Christmas present

The regulator kicked off 2026 by proposing to raise its threshold for what constitutes a small advisory firm to $1bn in AUM, up from $25m. It’s a move that could affect more than 70% of RIAs, have an impact on the way future rules are written, and save advisors time and money. This Week in Wealth breaks down the details. Plus, there are two big deals to discuss.