Exencial Wealth Advisors, an Oklahoma City-based registered investment adviser managing $2.1 billion, will acquire Willingdon Wealth Management, a Huntersville, N.C.-based RIA managing $800 million. The acquisition is expected to close June 1.
Willingdon’s 16 employees will join Exencial.
Mike Kayes, founder and president of Willingdon, will serve as managing director for Exencial and remain a member of the executive leadership and investment teams.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
