Stout Joins Prime Capital as National Retirement Practice Leader
Prominent plan adviser Jania Stout has left OneDigital to head Prime Capital’s retirement plan practice and financial wellness divisions.
Deals & People
2025 Retirement Plan Adviser of the Year Nomination Period Is Open
Nominations are now being accepted in seven categories.
Mariner Gets Capital Infusion From PE Firm Neuberger Berman
The wealth advisory now has additional funding to fuel growth soon after merging with qualified plan advisory AndCo Consulting to...
Advisory M&A News – 10/28/24
Arthur J. Gallagher & Co. acquires Redington Ltd.; Hyperion Partners joins MAI Capital Management; Modern Wealth Management acquires RIA Petso...
Retirement Industry People Moves – 10/25/24
OneAmerica announces new president of employee benefits; Nationwide names a new head of its annuity business; Pentegra adds a new...
Interest Still Strong in Retirement Plan Adviser Acquisitions
An M&A trends report from Marshberry shows slowing, yet still robust, dealmaking for retirement plan advisories, as scaled and multi-service...
US Retirement & Benefits Partners Acquires Pension Planning Consultants
In an additional sign of further retirement, benefits and wealth consolidation, Alera Group acquired Berkshire Fairfield Insurance Agency and Scarafoni...
Alera Bolsters West Coast Team with Plan Adviser Sorensen
Joshua Sorensen, formerly of Edelman Financial Engines, joins Alera Group as it continues to grow its retirement plan practice.
Steinmeier Named LPL’s CEO, Replacing Ousted Arnold
LPL analyst predictions hold true, as Interim CEO Steinmeier earns the top job less than one month after the firm’s...
Advisory M&A News – 10/21/24
Carson completes deal with Sweet Financial; Beacon Pointe Advisors adds Landmark Wealth Management; and Journey Strategic Wealth announces 2 acquisitions.
RIA Hightower to Take Majority Stake in NEPC
The deal will combine NEPC’s institutional investment, research and OCIO capabilities with Hightower’s rapidly growing registered investment advisory network.
Retirement Industry People Moves – 10/18/24
T. Rowe hires for new role as head of insurance; Janney promotes Galvin to Midwest regional director; Simpson Thacher hires...
World Investment Advisors Starts Custodial Relationship With Raymond James
The partnership comes after the company formerly known as Pensionmark acquired a $3.5 billion Raymond James firm.
John Hancock Retirement Appoints Shannon Stiles as Head of Participant Outcomes
Stiles left Fidelity to take the new role, which will focus on boosting participant engagement and financial wellness.
Wealth Transfer Presents Opportunity for Financial Advisers
Millennials, surviving spouses and pre-retiree women are set to benefit most from the great wealth transfer.
Advisory M&A News – 10/14/24
Allworth acquires $1.1B RIA; Robertson Stephens acquires CAFG Private Wealth; Cetera announces deal with Concourse Financial Group Securities.
Retirement Industry People Moves – 10/11/24
Hederick joins Prime Capital Financial; Russell Investments hires Heier and Parra; Gallagher adds Adams to retirement plan consulting practice; and...
Munnell to Step Down as Head of BC Retirement Research Center
Alicia Munnell founded the center 26 years ago and will remain a senior adviser; Andrew Eschtruth, deputy director, will step...
Cetera to Acquire $16B RIA From Insurer
For the fourth time in five years, Cetera makes a deal with an insurance and annuity provider—this time Protective Life—to...
Online IRA Rollover Firm PensionBee Enters US Market
Romi Savova, the company’s founder and CEO, sees a consumer market rife for disruption and has a deal with State...