Reverence and GTCR, PE Firm That Backed CAPTRUST, To Buy Wells Fargo AM
The sizable transaction exhibits the continued interest of private equity firms in the advisory and asset management space, while marking...
Deals & People
The Inside Take: CAPTRUST’s Cammack Acquisition
With the acquisition of Cammack’s $154 billion book of business, CAPTRUST now reports assets in excess of $600 billion; one...
Retirement Industry People Moves
Reams selects fixed income professional as portfolio manager; Schroders announces recent hires in New York and Denver; ERISA attorney joins...
An M&A Q&A with Voya Retirement CEO Charlie Nelson
In a discussion with PLANADVISER, Nelson commented on the recently announced deal that will send 900 retail-focused financial advisers to...
M&A Update: Cammack and Atlanta Retirement Partners Find New Homes
The retirement planning and advisory industry is rapidly changing this year, with two more major acquisitions already being announced by...
Retirement Industry People Moves
Transamerica adds RVPs to mid-market retirement sales team; Vontobel AM selects relationship manager for U.S. west coast; Mercer appoints president...
RIAs Need to Remain Competitive in the Face of Record M&As
For those looking to be acquired, growth is key, says a BNY Mellon Pershing executive.
Retirement Industry People Moves
GBB joins CAPTRUST and Voya grows large market team for southeast.
Universal Retirement Coverage Could Help 40 Million Private Sector Workers
More savings would also strengthen the economy and the GDP, according to a Georgetown University report.
‘Sell and Stay’ Is the Norm for RIA M&A Deals
Most firm owners say they would prefer to ‘sell and stay’ for a defined period of time after a deal closes—and ultimately participate in the growth opportunities created...
Retirement Industry People Moves
OneDigital Investment Advisors expands to NQDC market; PWA Joins CAPTRUST; Mutual of Omaha Retirement Services Adds to Sales Team; and...
Retirement Industry People Moves
Empower Retirement selects core market sales director; OneDigital Investment Advisors acquires portion of Vertical Financial Group; New Partner joins MKCI;...
HUB Names New Leader for Retirement and Private Wealth
PLANADVISER has learned that HUB International has named Joe DeNoyior as the new leader for Retirement and Private Wealth.
Retirement Industry People Moves
BNY Mellon appoints financial institutions head; Ascensus selects head of sales for FuturePlan; Pentegra adds new regional director; and more.
HUB International Acquires Alpha Pension Group
The acquisition is expected to be one of many that HUB will enact in 2021.
Retirement Industry People Moves
Mercer Advisors acquires Atlanta wealth management firm; Wagner Law Group appoints partner; PCS Retirement acquires ABGRM; and more.
Truist Sells 401(k) Recordkeeping, Advisory Businesses
Ascensus and Empower will take on parts of the 401(k) recordkeeping business, while OneDigital will assume the 401(k) investment advisory business.
Compass Financial Partners Acquired by Marsh & McLennan Agency
Compass Financial is the latest firm recognized in the PLANADVISER Top 100 listing to be acquired by a large, diversified financial services entity.
Aquiline Capital Partners Takes Majority PE Stake in SageView
SageView’s newly announced private equity backing underscores the same pressures and opportunities that have been reshaping the retirement plan adviser industry for years.
2020 in Review: M&A Activity Continued Unabated
Apart from the influence of the coronavirus pandemic, few retirement plan adviser industry trends received more headlines this year than the pace of mergers and acquisitions.