Eaton Vance completed the previously announced acquisition of the assets of WaterOak Advisors, a registered investment advisory firm in Winter Park, Florida, with approximately $2.3 billion of client assets under management.
On a combined basis, WaterOak and Eaton Vance Investment Counsel, the unit of the company that made the acquisition, have $11.4 billion in assets under advisement. The firm will operate as Eaton Vance WaterOak Advisors, serving as the parent company’s wealth management affiliate.
In October, Morgan Stanley announced that it will acquire Eaton Vance, whose asset management brands include Calvert, Parametric and Atlanta Capital. The transaction is expected to close in the second quarter of 2021.
The Dynasty Financial partner firm's latest deal in Connecticut adds roughly $600 million in client assets.
The giant broker dealer and RIA overseeing roughly $800 billion in AUM and AUA has appointed a Merrill and BofA alum to support advisor growth.
Firm's CEO is confident SEC can approve without legislation.
The group led by a 37-year industry veteran brings $470 million in assets to the Philadelphia-based broker dealer.
The Atlanta, Georgia-based national wealth firm revealed its new PE partner as prior backers Wealth Partners Capital Group and HGGC's Aspire Holdings exited their investments.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
