Results for "mergers & acquisitions"

Displaying 659 results

Sort: Date | Relevance

Author:

Focus Financial rides RIA consolidation to 37 percent annual revenue growth

February 21, 2019

Seven months after taking Focus Financial Partners (FOCS) public, the chairman and chief executive of the RIA aggregator, Rudy Adolf, is singing the praises of the public equity markets. "The IPO is creating permanent capital to invest in our...

Australian firm to join Focus Financial Partners

February 19, 2019

Escala Partners, a wealth management firm headquartered in Melbourne, Australia, with offices in Sydney and Perth, will join Focus Financial Partners sometime in the second quarter, the company said in a release. Escala, which manages the equivalent...

Mercer Advisors acquires $350 million Arbor Asset Management

February 19, 2019

Mercer Global Advisors has aquired Arbor Asset Management, a registered investment adviser located in Ann Arbor, Mich., that manages approximately $350 million in assets. Mercer Advisors, headquartered in Denver, has approximately $15 billion...

Ascensus sells 25 percent stake to private equity firm

February 19, 2019

Ascensus, which administers retirement and college savings plans, has sold a 25% stake to a group of private-equity investors, the firm announced Tuesday. Atlas Merchant Capital leads the investor group, which includes Singapore's sovereign...

Veteran adviser locks down a succession plan that lets him stay involved

February 15, 2019

It took a while before it became a top priority, but Leon LaBrecque can finally rest easy knowing that at 63, his business succession plan is in place. After about eight years of weighing his options, and 18 months of grinding out the details,...

Thinking about selling your firm? 5 ways to prepare

February 13, 2019

Without a doubt, 2018 was a big year for M&A in the independent wealth management industry, and robust activity is expected to continue this year. Fidelity recently gathered nearly 40 leaders from across the industry at our fourth annual M&A...

Morgan Stanley agrees to buy Solium Capital at 43% premium

February 11, 2019

Morgan Stanley agreed to buy Solium Capital Inc. in a bid to add younger clients and tech startups to its stock-plan administration business. The firm will pay $19.15 (Canadian dollars) a share in cash, according to a statement Monday, or about...

WisdomTree said to have explored sale to JPMorgan Chase

February 11, 2019

WisdomTree Investments Inc. explored a sale late last year and held talks with JPMorgan Chase & Co., according to people familiar with the matter. WisdomTree's negotiations with JPMorgan ended in December because the parties couldn't agree on...

Hanson McClain acquires $235 million HBP Retirement

February 1, 2019

Hanson McClain Advisors of Sacramento, Calif., has acquired HBP Retirement Group, a Napa, Calif.-based registered investment adviser managing $235 million in assets. The acquisition, terms of which were not announced, increases Hanson McClain's...

Great-West sells life insurance and annuity business for $1.2 billion

January 24, 2019

Great-West Life & Annuity Insurance Co. has agreed to sell the bulk of its individual life insurance and annuity business to Protective Life Insurance Co. for an estimated $1.2 billion, via a reinsurance transaction, according to a company announcement...

Raymond James buys Silver Lane Advisors, an investment bank for RIA mergers

January 23, 2019

Raymond James Financial's plan to acquire Silver Lane Advisors is a recognition of the growing merger and acquistion opportunities in the wealth management business. Silver Lane, founded in 2007, is a boutique investment bank specializing in...

Independent Financial Partners gives advisers 15% equity stake as it readies launch of new broker-dealer

January 22, 2019

Independent Financial Partners will give financial advisers a 15% equity stake in the company, an announcement that comes as the firm gets ready to break away from LPL Financial and launch its own broker-dealer in a few months. IFP, a hybrid...

San Diego RIA managing $408 million merges into $2.77 billion Lido Advisors

January 18, 2019

Ken Stern & Associates, a San Diego,Calif.-based RIA firm managing $408 million in assets, has merged with Lido Advisors, a Los Angeles-based registered investment advisory firm managing $2.77 billion in assets. Lido has an office in San Diego,...

Miracle Mile Advisors adds $300 million Palo Capital

January 16, 2019

Miracle Mile Advisors, a registered investment adviser based in Los Angeles that manages $1.2 billion in assets, has acquired Palo Capital of Newport Beach, Calif., which manages $300 million in assets for about 150 clients. Palo Capital's four-person...

6 ways advisers can make 2019 their 'prove it' year

January 15, 2019

Looking back, I feel as though 2018 was the advisory industry's first real year of momentous consolidation. We saw the beginnings of billion-dollar mergers (think Edelman and Financial Engines), broker-dealer acquisitions,​ IPOs, fintech buyouts...

RIA M&A sets another record in 2018

January 14, 2019

The financial market volatility that picked up in earnest last year was not enough to derail the pace of consolidation among registered investment advisers. Echelon Partners reported Monday that merger and acquisition activity in the RIA space...

Hub-Sheridan Road latest deal to heat up M&A among 401(k) advice firms

January 10, 2019

Acquisitions of financial advisory firms focused on the retirement-plan market appear to be gaining momentum. A handful of recent deals involving large 401(k)-focused firms and a more varied group of buyers have led some experts to believe that...

Next Financial latest broker-dealer to be purchased by Atria

January 8, 2019

After being on the block for years, Next Financial Group Inc., an independent broker-dealer with close to 540 reps and advisers, said Tuesday it had agreed to be acquired by Atria Wealth Solutions, a hard-charging, private-equity-backed buyer...

West Virginia RIA managing $658 million joins Focus Financial

January 8, 2019

Lanham O'Dell & Company, Inc., an RIA firm managing $658 million in assets at the end of 2017, has agreed to join Focus Financial Partners. Lanham, which was founded in 1981 and does business as LOC Investment Advisers, is based in Hurricane,...

Plaid buys data aggregation rival Quovo for $200 million

January 8, 2019

Quovo, one of the biggest names in data aggregation for the wealth management and brokerage industries, will be acquired for $200 million by rival startup Plaid, according to Bloomberg. Like Quovo, Plaid facilitates data connections between...

« Previous PageNext Page »

1 ... 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 ... 33

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.