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.
“The pipeline continues to grow and we will see more announcements in the coming months,” said Tyler Vernon, managing principal at Merit Financial.
Firm marks 20th acquisition in around two years and boost AUM to more than $73B.
PE–backed platforms, serial acquirers, and a deeper buyer bench drove record a record 466 wealth management merger deals last year, according to the M&A consultancy firm's latest tally.
US asset manager buying the UK-based firm is one of the largest cross-border deals in active asset management in recent years.
Also, Mercer Advisors taps an LPL alum to lead the evolution of its investment platform, while Mission Wealth extends its footprint in Colorado.
The world's biggest YouTube star is entering financial services as data shows that Americans under age 30 are more likely to get financial advice from social media than from finance professionals.
