Mega-RIA pushes deeper into cross-border advice with deal to acquire UK’s Maseco.
Deal unites firms with 12M customers and $1.5T AUM/AUA, targeting growth, scale and $500M synergies.
The $10B AUM firm is continuing to build scale across the US.
Meanwhile, Carson added an independent office in New York led by a mother-son duo, and Maridea gets a second location in Phoenix.
Acquisition of wealth management arm of Australian firm will see separation from its wider asset management business.
Rise's fourth non-control minority staking deal puts it alongside Dynasty Financial Partners as a strategic partner in the $3.1-billion RIA's continued growth.
Deal strengthens retirement plan expertise and expands national reach for fast-growing wealth firm.
Nebraska-based Furstenau Financial is the latest fully owned location to join the $57 billion-plus RIA's network, which includes more than 50 Carson Wealth locations.
Meanwhile, &Partners lures another Wells Fargo team in upstate New York, and Summitry expands in California with a new $721 million partner firm.
Meanwhile, Carson announces a milestone acquisition in New Hampshire, while fee-only RIA Savant plants its third stake in Michigan.
Meanwhile, Mariner makes a strategic expansion into property and casualty insurance, and Wealth Enhancement plants its first stake in Kansas with a $1.2 billion advisor team.
Aspen Standard has also partnered with a $1 billion RIA, while Choreo expands in the West Coast with a veteran-led CPA planning firm.
Firm broadens reach into key regional markets and deepens specialized planning capabilities.
Elsewhere, Carson secures another foothold in California with a $635 million partner firm, while independently owned First Manhattan integrates a veteran-owned Wyoming practice.
CAPTRUST has also welcomed an $830 million practice to extend its East Coast reach, while fee-only RIA EP wealth adds a top-ranked specialist advisory team in Arizona.
Meanwhile, a new venture at Integrated Partners sharpens its support for entrepreneurs going through complex transitions, and New York-based Aspen Standard Wealth announces a new president.
A record 102 acquirers entered the market last year, but 20 firms captured more than half of all acquired assets, according to Fidelity’s latest M&A report.
Strategic backing delivers capital, infrastructure and institutional resources for growth for former UBS advisors.
Deal expands retirement plan consulting reach while keeping staff, clients and services intact ahead.
Wealth management firm’s business advisory arm adds business reputed for financial intricacies of the music business.
