Cerity Partners, a Chicago-based registered investment advisory firm managing $27 billion, has acquired Algonquin Advisors, a Greenwich, Connecticut-based RIA managing $232 million, and Worldview Wealth Advisors, a San Francisco firm managing $140 million.
Algonquin Advisors, founded in 1998, is led by founder George Hubbard and CEO John Hyman. The firm’s seven professionals also are joining Cerity.
Worldview Wealth Advisors, founded in 2005 by Andrew Fisher, has five team members who will join Cerity.
The mega-RIA and the digital family office are making separate AI platform launches as the broader industry doubles down on the technology.
Wealth management M&A is on track for its busiest year yet, with serial acquirers and private equity capital pushing deal volume toward 500 transactions in 2026.
Northern Trust data shows US pension and endowment plans surged on broad equity rallies, with foundations leading all plan types.
From IBM's cybercrime data to Gallup's trust survey and insider selling at Nvidia and CoreWeave, the warning signs are real — even if one firm thinks the market is misreading the numbers.
Bixby Wealth Solutions, backed by Carlyle's Global Credit business, acquires a stake in the $11 billion AUM firm.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
