Firms add $768M in combined assets as consolidation wave continues across advisory space.
Poughkeepsie-based $1.5 billion firm The Oak Group has left Wells Fargo to join Arax Advisory Partners, the $42 billion RIA platform backed by RedBird, whose portfolio includes sports investments in the Boston Red Sox, AC Milan, and the YES Network.
Elsewhere, a multigenerational team overseeing $650 million strengthens Apollon's Midwest presence, and Merit plants another stake in the Pacific Northwest.
Meanwhile, Rise-backed OnePoint BFG brings on a NorthRock alum as its new chief strategy officer, and Bogart Wealth adds its first-ever director of corporate development.
Martine Lellis tells InvestmentNews that the deal reflects the competitive deal market and the $98B RIA’s advisor continuity strategy.
He told TIAA he wasn't soliciting clients. Then three of them called the firm.
PE-linked deals accounted for nearly three-quarters of all activity, while US firms accelerated their international push into European and Australian markets.
The move comes following recognition for the firm’s advisors in the 2026 InvestmentNews Awards.
Meanwhile, a $350 million UBS group launches their own firm with Sanctuary, while advisor-owned hybrid Ameriflex targets succession continuity with a national single-source platform.
Starting September, a multitude of employees across four locations will be expected in the office five days a week.
JPMorgan, KKR, Ares and Cliffwater also announce senior appointments across wealth and alternatives business lines.
Integrum joins Lightyear and Ontario Teachers’ to drive next leg of growth.
Deal adds specialized planning expertise and strengthens integrated advice model for clients.
RIA giant brings $10B foothold north while scaling via acquisitions and rebrand.
The $350B RIA firm is becoming the exclusive wealth management partner of US Squash, betting the sport’s affluent fan base can attract clients to its direct-to-consumer advisory brand, Signature Wealth.
The $6.5B RIA's founder Bill Sowell says roughly a quarter of its current clients qualify for Cache River Private Wealth, which will bring "family office lite" services to clients worth at least $5 million.
The combined platform unifies Avantax Planning Partners and The Retirement Planning Group, giving over 100 employee advisors access to in-house specialists across tax, estate planning, and insurance.
Meanwhile, Waverly has entered Louisiana with a new $3.1 billion partner, and Carson absorbs a decade-long coaching partner in Green Bay, Wisconsin.
Firm backs AI firm and expands leadership as it builds integrated tech ecosystem.
Meanwhile, Advisory Services Network is entering two new states with its latest partner RIAs, and Florida-based Rossby Financial is bringing a compliance veteran to its platform.
