401GO Raises $12M Series A Funding Led by Next Frontier Capital
Rally Ventures, Impression Ventures and Stout Street Capital contributed to the round, fueling the small plan provider’s growth strategy to...
Deals & People
Advisor360 Names Mike Fanning CEO
Fanning will succeed Richard Napolitano effective May 1.
Eric Henderson Retiring as Head of Nationwide’s Annuity Business
He plans to depart at the end of 2024 after nearly 40 years with the firm.
Betterment to Acquire Robo-Investing Accounts from Goldman Sachs
Goldman is shedding Marcus Invest accounts less than one year after exiting its personal finance management division; will keep Marcus...
Advisory M&A News – 4/22/24
Shore to Shore Private Wealth joins Janney; Ritholtz Wealth Management opens Los Angeles office; Citizens adds San Francisco wealth team...
Retirement Industry People Moves – 4/18/24
Ascensus names Torgerson to lead; New York Life hires Nixon as head of group benefit solutions claim operations; Pettman joins...
CAPTRUST M&A Head Benton Leaving Firm
Rush Benton, who worked on more than 40 wealth management-focused deals, will be leaving to start his own business.
Ted Benna Joins Salt Labs as Strategic Adviser
The ‘Father of the 401(k)’ will drive Salt’s market strategy to support hourly workers.
Product Partnerships – 4/17/24
Baird selects CAIS to centralize alternative investments; Cerity Partners merges with Agility in OCIO push; Ameritas works with Pontera to...
Ascensus to Acquire Vanguard’s Individual 401(k) Business
Vanguard to shed its individual 401(k), Multi-SEP, and SIMPLE IRA Plans.
Victory to Acquire Amundi’s $104B U.S. Division
The Paris-based asset manager Amundi will cede its U.S. business to Victory in exchange for a 26.1% stake in the...
Advisory M&A News – 4/15/24
Modern Wealth Management appoints Del Col to head advisory services; Waverly Advisors acquires McShane Partners; Chairez joins Ameriprise.
Citi Global Wealth CIO Stepping Down
David Bailin, who ran the investment office of Citi’s wealth division, is leaving May 15.
Retirement Industry People Moves – 4/12/24
Fava, Carter join Carson Group; Hub adds managing director of M&A and CMO; Farrell named retirement plan services director at...
Carson Group Founder and CEO Steps Down
Ron Carson will move to the role of chairman, names current Chief Strategy Officer Burt White to take the head...
Pontera Adds 3 Execs With 401(k) Industry Experience
Firm connecting financial advisers to 401(k) investments brings executives with experience from firms including Edelman Financial Engines, Voya, and Principal.
Advisory M&A News – 4/8/24
Sequoia Financial Group acquires Houston-based AltruVista; Evermay Wealth Management announces acquisition of Insight Wealth Management; RIA EP Wealth Advisors adds...
Retirement Industry People Moves – 4/5/24
NEPC Hires O’Connor to head DC as Ryan is promoted to team lead; top adviser DeBello joins CAPTRUST; LeafHouse promotes...
Alera Group Leaning Into Small Market, Startup Plan Creation
The retirement advisory announced enhancements to its PEP with the Standard, along with a small market partnership with Vestwell and...
OneDigital, Creative Planning Announce Texas Acquisitions
Both firms made additions to expand their respective retirement plan and wealth management footprints in the state.