Mergers & Acquisitions

Displaying 29 results
Northern Trust vows continued independence after BNY report
INDEPENDENT BROKER DEALERS JUN 23, 2025
Northern Trust vows continued independence after BNY report

Following Wall Street Journal reporting from unnamed sources, the Chicago-based financial giant stressed its commitment to "delivering long-term value to our stakeholders."

By Bloomberg
RIA moves: Carson Group gains strength in Utah, Apollon debuts in Ohio
RIA NEWS JUN 23, 2025
RIA moves: Carson Group gains strength in Utah, Apollon debuts in Ohio

Carson's latest addition in Salt Lake City continues its strategy of buying out successful and growing Carson Wealth locations.

By Leo Almazora
Two US financial services firms in merger talks that could create $3T powerhouse
MERGERS & ACQUISITIONS JUN 23, 2025
Two US financial services firms in merger talks that could create $3T powerhouse

Reports of potential combination follow discussions between CEOs, sources say.

By Steve Randall
Just as wealth industry M&A was picking up, economic uncertainty could kill it again
MERGERS & ACQUISITIONS JUN 18, 2025
Just as wealth industry M&A was picking up, economic uncertainty could kill it again

Deal volume increased post-election but now caution has taken over.

By Steve Randall
RIA moves: Thiel's Indivisible welcomes Ride Wealth Partners, $4B Beacon snaps up Astor
RIA NEWS JUN 17, 2025
RIA moves: Thiel's Indivisible welcomes Ride Wealth Partners, $4B Beacon snaps up Astor

Indivisible Partners builds on its strategy to take turf in the independent space with its latest move in Colorado.

By Leo Almazora
Osaic snaps up $13.5B CW Advisors
RIA NEWS JUN 17, 2025
Osaic snaps up $13.5B CW Advisors

The deal for the Audax-backed RIA based in Boston gives Osaic a strategic foothold to attract more advisors and clients across the wealth spectrum.

By Leo Almazora
Advisor headcount down at Bank of America, Osaic and UBS so far in 2025, Wolfe Research analyst says
MERGERS & ACQUISITIONS JUN 16, 2025
Advisor headcount down at Bank of America, Osaic and UBS so far in 2025, Wolfe Research analyst says

Counting advisor moves in and out of firms requires some art as well as science.

By Bruce Kelly
Carson Group's M&A head sees '10-to-15 year bull market' for RIAs
RIA NEWS JUN 16, 2025
Carson Group's M&A head sees '10-to-15 year bull market' for RIAs

"I'm just a big believer that based on demographics alone, we are looking at a 10-to-15 year bull market in M&A in the RIA and independent wealth space," said Michael Belluomini, SVP of M&A at Carson Group.

By Andrew Cohen
Minority capital comes with caution
RIA NEWS JUN 12, 2025
Minority capital comes with caution

Transactions have slowed according to recent data as industry insider warns that the trip doesn't always match the brochure when minority investors come onboard.

By Andrew Cohen
EdgeCo bolsters AmericanTCS unit with ERISApedia deal
RETIREMENT PLANNING JUN 11, 2025
EdgeCo bolsters AmericanTCS unit with ERISApedia deal

The NewEdge parent company's 10th transaction in the retirement space adds compliance and prospecting support capabilities for plan advisors and other intermediaries.

By Leo Almazora
Citigroup cuts LPL Financial's stock rating, citing recruiting competition
INDEPENDENT BROKER DEALERS JUN 10, 2025
Citigroup cuts LPL Financial's stock rating, citing recruiting competition

However, in its note, Citi Research did not cite a direct competitor making inroads in hiring Commonwealth advisors.

By Bruce Kelly
RIA moves: Carson Group, Bluespring announce new acquisitions as consolidation continues
RIA NEWS JUN 10, 2025
RIA moves: Carson Group, Bluespring announce new acquisitions as consolidation continues

Carson Wealth is strengthening its Colorado presence, while Bluespring's move in Texas will create a new $1.4 billion firm.

By Leo Almazora
$8B RIA Wealthcare to be acquired by Sammons Financial Group
RIA NEWS JUN 06, 2025
$8B RIA Wealthcare to be acquired by Sammons Financial Group

The transaction will see ownership of Wealthcare switch from NewSpring Holdings roughly 12 years after the private equity company made its investment.

By Leo Almazora
Analyst: LPL may spend up to $800 million annually to buy advisors' businesses
INDEPENDENT BROKER DEALERS JUN 06, 2025
Analyst: LPL may spend up to $800 million annually to buy advisors' businesses

LPL has closed 56 deals in its succession program, using $690 million of capital, according to William Blair analyst Jeff Schmitt.

By Bruce Kelly
How pe-backed buyers are reshaping wealth management's future
MERGERS & ACQUISITIONS JUN 05, 2025
How pe-backed buyers are reshaping wealth management's future

The smartest sellers are prioritizing integration support, not just payout multiples, says industry head.

By Chris Davis
RIA moves: EP Wealth, Merit make key Mountain state debuts
RIA NEWS JUN 04, 2025
RIA moves: EP Wealth, Merit make key Mountain state debuts

Torrance, California-based EP Wealth welcomes a $900 million team in Idaho as Merit adds its first office in Utah.

By Leo Almazora
Captrust taps Echelon's Mike Wunderli to lead merger strategy
RIA NEWS JUN 04, 2025
Captrust taps Echelon's Mike Wunderli to lead merger strategy

The $1 trillion RIA is getting serious on inorganic growth as it welcomes the M&A veteran for a dedicated leadership role.

By Leo Almazora
Mega-RIA Mariner snaps up sports-focused Taurus Asset Management
RIA NEWS JUN 03, 2025
Mega-RIA Mariner snaps up sports-focused Taurus Asset Management

The RIA behemoth overseeing more than half a trillion dollars in client assets is adding to that book with a $1.4 billion firm focused on pro athletes in New York.

By Leo Almazora
Mercer Advisors lands third-biggest deal to date with Full Sail Capital
RIA NEWS JUN 03, 2025
Mercer Advisors lands third-biggest deal to date with Full Sail Capital

With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.

By Leo Almazora
RIA moves: Arax extends Midwestern reach, Steward Partners debuts in Arizona
RIA NEWS JUN 02, 2025
RIA moves: Arax extends Midwestern reach, Steward Partners debuts in Arizona

Arax acquires a boutique firm's $4 billion RIA business in Michigan as Steward Partners continues its Southwestern expansion.

By Leo Almazora