The Retirement Planning Group has acquired 100% of the assets of Dightman Capital Group Inc., an RIA based in Overland Park, Kansas.
The deal marks the start of integration of RIAs under TRPG, which was itself acquired by Cetera Holdings in May 2023 and oversaw around $1.8 billion in assets as of January 31. It’s also part of a goal to grow Cetera’s share of the RIA market following the hiring of CEO Mike Durbin last year.
"This acquisition represents a continuation of TRPG's successful M&A strategy, and the first of more to come with the support of Cetera,” said Kevin Conard, CEO at TRPG. “I encourage any independent advisors aspiring to spend more time taking care of their clients – and less time on the operational aspects of running a business – to consider TRPG as a destination of choice."
Cetera was recently boosted by reinvestment from private equity firm Genstar Capital, which will help drive growth.
Dightman Capital Group was owned and operated by Brian Dightman, who has become a W-2 advisor at TRPG and will continue to serve his existing clients. His decision to join TRPG followed Dightman’s evaluation of more than two dozen options and firms across the country.
"From the moment I met Kevin and his team, I knew this was the right fit and could not be more pleased and optimistic about the future. The TRPG culture backed by Cetera's industry leading resources and support make this partnership the perfect choice for my business and my clients."
A House bill could stop the SEC from blocking closed-end funds' private fund investments.
The new regional leader brings nearly 25 years of experience as the firm seeks to tap a complex and evolving market.
The latest updates to its recordkeeping platform, including a solution originally developed for one large 20,000-advisor client, take aim at the small to medium-sized business space.
David Lau, founder and CEO of DPL Financial Partners, explains how the RIA boom and product innovation has fueled a slow-burn growth story in annuities.
Crypto investor argues the federal agency's probe, upheld by a federal appeals court, would "strip millions of Americans of meaningful privacy protections."
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.