Displaying 45 results
LPL’s Chris Cassidy talks Atria deal, credit unions
'Credit unions are nonprofit institutions, so that creates a collaborative approach,' Cassidy says.
Captrust M&A head Benton reveals departure plans
The four-decade veteran behind the firm's inorganic growth strategy is departing to start his own business.
Apella seals deal for $464M advisory team
The fast-growing RIA’s addition of the Virginia practice marks its 17th acquisition.
LPL’s Atria deal poses complexities: Report
Atria's financial advisors might be getting M&A 'whiplash,' one recruiter notes.
Focus announces another Colony Group merger
The wealth network’s hub strategy continues with the assimilation of Tennessee-based InterOcean Capital Group.
Multifamily office Caprock strikes first deal for $2.2B boutique firm
The Idaho-headquartered firm tops the $11B AUA mark as it scoops up an independent wealth firm based in Chicago.
Deals market set for rebound: Macquarie
Asset manager sees incoming deployment of dry powder.
Focus Financial unveils second intra-partnership merger
The agreement to merge GW & Wade's $10.4 billion practice with The Colony Group marks another major step in the wealth network’s new hub strategy.
Has the wealth industry entered a new era of dealmaking?
Echelon Partners report shows RIAs continuing to gain market share in 2023, while private equity firms figured in three-fifths of transactions.
Are LPL shares heading to $300?
The acquisition of Atria will transform LPL 'from a leading player in the space into a category killer,' analyst says.
Wealth management firms start off 2024 with M&A bang
A January wave of consolidation sees $32 billion in assets purchased across 23 deals, Fidelity reports.
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.
Mercer acquires $630M North Carolina RIA
Charlotte-based Kingfisher Capital was founded in 1989.
CI Financial buys 19th U.S. RIA in 18 months
The Toronto-based aggregator's acquisition of $2.6 billion Radnor Financial Advisors keeps CI on pace for a deal a month in 2021.
How high can RIA valuations go?
From pixie dust to private equity, myriad factors have contributed to the historic M&A surge in the space — with no end in sight.
CI Financial notches 15th RIA acquisition in as many months
The Toronto mega-buyer continues to gobble up U.S. wealth managers at a record clip. Once the deal closes, CI is expected to have approximately $50 billion in U.S. assets and total assets of $212 billion.
PE firm Merchant buys stake in Axiom Financial Strategies
The deal shows that private equity investors are starting to move down-market to invest in smaller registered investment advisers.
Fund sponsor M&A makes retirement CIO jobs more complicated
Mergers of fund management companies add to due diligence chores for retirement industry chief investment officers
Schwab to lay off 1,000 employees after TD acquisition
The announcement follows recent executive and senior-level departures, including former TD Ameritrade president Tom Nally
