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All kinds of B-Ds, not just the giants, are making deals
'Those offers from smaller firms don’t always get as high as those from the bigger players, but they are pretty darn close,' says a recruiter.
Has UBS missed the US wealth management M&A boom?
Recent history shows that wealth management deals by giant banks like UBS can produce mixed results.
‘RIAs make wonderful business partners,’ investor says
Managing partner at Merchant Investment Management says RIAs’ growth and yield are the main attractions.
Osaic CEO says ‘day of reckoning’ coming for RIA market
"Will there be more RIAs for sale than there are buyers at the trough?" Jamie Price asks.
Why PE can’t get enough RIAs
The relatively young market and its reliable, asset-based fees are very attractive to investors.
Drop in RIA M&A in 2023 likely to be blip in upward trend
'I don’t see this as a harbinger for continuing decline,' an RIA M&A consultant says. 'Instead, I see this as a short-term plateau.'
Cambridge launches fee-only RIA
BridgePort Financial Solutions can provide smaller RIAs with support in areas such as technology, practice management and outsourcing.
Mercer adds $275M RIA in Iowa
The deal for River Glen Wealth Counselors adds to the firm’s presence in the central U.S.
Allworth lands two firms managing $650M
Both Silicon Valley Wealth Advisors and Hall Private Wealth Advisors are located in California.
AlTi Global to stay focused on M&A
'There are some high, high quality firms that have been competitors of ours for years that are willing to engage,' says AlTi CEO Mike Tiedemann.
Kaufman Hall acquires $1B RIA firm in Tennessee
The firm provides investment management services to institutions.
Some potential RIA buyers know they missed the boat: Larry Roth
Buyers of RIAs face plenty of legacy questions, the veteran executive says.
Wealth Enhancement Group buys Los Angeles RIA
KCS Wealth Advisory manages over $373 million in client assets.
Cetera deal for Avantax shows boom continues for wealth management assets
The price tag Cetera paid for Avantax was 180% of its revenues last year, an unthinkable sum for a broker-dealer just a few years ago.
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.
SageView to acquire $900 million portfolio from Capital One
Giant Virginia bank’s RIA arm will shed operations as well as assets.
Mercer Global buys $238 million RIA
Wrenn Financial Strategies in Raleigh, North Carolina, is the firm's latest acquisition.
Mercer Global acquires $680 million RIA
HawsGoodwin Investment Management is based in Franklin, Tennessee.
RIA Summit Financial scoops up private bank’s wealth management assets
Fieldpoint Private will remain a private bank, and, as part of the new transaction, will offer its banking capabilities through the Summit adviser platform.
SageView buys $3.5 billion RPA Channel Financial
The deal represents the fourth such acquisition over a year for Newport Beach, California-based SageView, which last year sold a majority stake to Aquiline Capital Partners.
