Displaying 45 results
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
Hightower notches fifth deal since March with more to come
The RIA consolidator will continue to be "pretty active" in 2020, according to CEO Bob Oros
Sawtooth eyes new capital to stay competitive in TAMP marketplace
Potential partnerships include deals with other TAMPs or with a private equity firm, according to one source
The hunt for mega RIAs
Independent advisers are enjoying the attention of Wall Street, where some big banks are focused on acquiring privately held assets
Creative Planning acquires $600 million RIA
Thun Financial Advisors specialize in serving U.S. citizens who live overseas
Mercer notches third acquisition in 5 weeks
The purchase of Denver-based M.J. Smith and Associates was partially driven by the need for a succession plan
Midwest megamerger creates $6.5 billion RIA
The combination of FormulaFolios and Brookstone brings together approximately 800 advisers operating in all 50 states, with more than 500 offices
Perpetual closes acquisition of $3.3 billion ESG investor Trillium
The finalized deal increases the firms' scale and distribution into the ESG market
COVID-19 tamps down pace of RIA consolidation
Deal activity is expected to pick up steam in the second half of the year
Mercer acquires $554 million RIA
ClearRock Capital marks the second acquisition for the advisory firm this week
Captrust acquires $1.6 billion Indiana firm
This marks the third deal of 2020 for the $390 billion aggregator
Franklin Templeton buys AdvisorEngine
The digital wealth management platform had been up for sale since January
Buckingham to acquire $424 million RIA
Founder of RNP Advisory Services has had long-time ties to Buckingham
Advisers face new M&A reality after COVID-19
An aging workforce may not be able to postpone retirement until valuations bounce back
2 big concerns about selling your practice
In this white-hot M&A market, price is no longer the stand-alone consideration
