Displaying 39 results
Clearstead acquires $5B wealth firm
Deal for Virginia-based wealth and investment manager will result in an organization with $44 billion in AUA.
AlTi strikes deal for $5.6B East End Advisors
Firm extends ambitions for its ultra-high-net-worth business as it deepens its foothold in key family office center.
RIA gold rush fever is over: Report
'What’s missing in most cases of deals is that firms aren’t integrating the RIAs they are buying,' Mark Tibergien says.
RIA M&A bounces back to start 2024: Report
'Wealth management deals held pretty firm last year compared to all other areas of investment banking,' one banker notes.
This bull market will accelerate M&A
We are approaching a perfect storm – could M&A in the wealth space set a record in 2024?
Worst year for M&A since 2013 as deals fail to reach $3T
People have been looking for reasons to avoid deals, says Wall Street leader.
Captrust picks up $1.1B RIA Trutina Financial
The firm has added about $14 billion in assets this year through eight acquisitions.
Wealth Enhancement adds new leaders after ‘remarkable growth’ in 2023
The firm has been expanding fast in the first half of the year including several acquisitions.
Key Media to acquire InvestmentNews
KM Business Information US Inc., a Key Media company, is buying InvestmentNews for $4.1 million in cash.
Hennessy Advisors picks up more assets to support new ESG ETF
The firm will fold the $70 million of assets it bought from Community Capital Management into its first ETF, an ESG-focused product, which it recently launched with acquired assets.
Hightower adds $1.6 billion TC Wealth Partners
The deal, which closed Dec. 31, includes the acquisition of Trust Company of Illinois, which is a subsidiary of Chicago-based TC Wealth.
Retirement plan aggregator Captrust shores up wealth management business
With $600 billion in assets under advisement, Captrust has appointed a head of wealth management to lead the growing $24 billion under management business.
Mercer buys $740 million Epstein & White
Seller of the San Diego-based firm describes Mercer leaders as 'Batman and Batman.'
InvestCloud aims to be the Amazon of wealthtech with Tegra118 merger
Global fintech InvestCloud completed a recapitalization that establishes the firm as the latest fintech unicorn while positioning it to rival TAMP offerings, according to experts.
Hub International snaps up almost $3 billion in assets
With the latest deals, the firm's retirement plan and private wealth business oversees about $93 billion
TAMPs consolidate to compete
In a crowded marketplace, turnkey asset management platforms are forging new tactics to jockey for additional market share
Steward Partners dives into bank broker business
The fast-growing advisory business reached a deal to buy $3.4 billion in assets from Umpqua Holdings Corp.
SSN back office faces layoffs after Advisor Group merger
Half of the employees will stay on, but some portion will likely be let go, according to sources
RIA buyers see the consolidators consolidating
Executives from Carson Group, Creative Planning, Hightower, Sanctuary Wealth and Thrivent say M&A is here to stay
Creative Planning acquires $600 million Lenox Wealth Management
The Cincinnati-based advisory firm looks to leverage Creative Planning's scale and technology
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