Cerity’s $10 million stake gives its advisors a front-row role in NPM-run liquidity programs, with planning support tied to employee tender proceeds.
Mercer also expanded in Portland with Thompson Advisory’s $260 million book, while Waverly picks up a $257 million Pennsylvania shop.
Regulator says Nathan Gauvin fabricated credentials and doctored statements for 40+ investors
Firm already manages over $5 billion for clients living beyond the U.S., and CEO Peter Mallouk says demand in the UK, Switzerland, and EU could lead to multiple European offices.
A New York filing claims Blue Owl downplayed BDC redemptions, liquidity and a merger’s risks
Two asset managers allege Disney misled Wall Street on Disney+ metrics
IFP, Prudential, Avantax pick up established advisors from rival firms
Citing a 10% organic growth rate, executives Rick Kent and Kay Lynn Mayhue say Merit is now positioned to chase a “transformational” M&A deal.
The freshly announced roles across finance, people, marketing and legal aim to support a larger, more complex organization serving clients in three countries.
Five years since its inception, the fast-growing RIA platform with $80 billion in assets is bringing in James Jesse to steer its next phase of expansion.
The mega-RIA and serial consolidator now has more than $131 billion in assets as it adds a veteran-led practice in the Midwest.
New research shows serial acquirers gaining massive ground while non-dealmakers fall behind.
Advisors racing to add on new platforms may find their legacy plumbing can't support the next wave, warns one expert.
Adviser’s driver posed as a money manager and left three investors with steep losses, SEC says
Shares of LPLA were trading Monday morning close to $370 for an increase of 918% in 15 years.
The deal in Maryland adds a decades-old planning practice, led by a father-son tandem, to MAI Capital Management's network
A later-recording win isn't guaranteed. The court sided with earlier investors in EquityBuild's Ponzi unwind
$1.8 trillion asset manager SEI completed the first stage in its planned takeover, with company executive Michael Lane highlighting its belief in "the sustainability of the revenues related to financial advice."
"They had to change their name," a business professor told CNBC.com. "Their old name had negative value to it."
Coming from US Bank, Eric Freedman takes charge of Northern Trust’s private client investment engine as his predecessor in the C-suite shifts into a key Northeast role.
