Cerity Partners, a Chicago-based registered investment advisory firm, has acquired EMM Wealth, a New York-based RIA managing $3 billion.
Cerity Partners now manages approximately $26 billion in assets, the company said in a release.
EMM Wealth, which has 36 employees, is led by co-CEOs Lloyd Abramowitz and David Aaron, as well as Thomas O’Brien, the chief financial officer.
Terms of the deal were not disclosed.
In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.
According to Flyer Financial Technologies, rising portfolio complexity is exposing the limits of legacy infrastructure and widening the gap between automation and reality
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
According to Flyer Financial Technologies, rising portfolio complexity is exposing the limits of legacy infrastructure and widening the gap between automation and reality
In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.
