Tag: M&A

In an additional sign of further retirement, benefits and wealth consolidation, Alera Group acquired Berkshire Fairfield Insurance Agency and Scarafoni...

The deal will combine NEPC’s institutional investment, research and OCIO capabilities with Hightower’s rapidly growing registered investment advisory network.

The acquisition brings Wealth Enhancement Group’s assets under management to more than $94.7 billion. 

The investment was made through the private equity arm of TPG’s U.S. and European platform.

Voya will add more than $60 billion in AUA and new capabilities, including employee stock ownership plans.

Sequoia Financial Group will acquire Eide Bailly’s wealth management unit in exchange for an equity stake in Sequoia.

The aggregator bought the assets of Christopher Clark’s 401(k) advisory, with Clark joining a Hub private wealth office in California.

The addition comes after Prime Pensions received PE backing from Lightyear Capital earlier this year.

2024 is on track to top last year for dealmaking as firms address succession planning and need for scale.

The aggregator pens its 18th acquisition in 2024 by bringing on $1.6 billion ASI Wealth Management.

CEO and Co-Founder Fielding Miller attributes part of growth to being one of the first 401(k) advisories: ‘We didn’t expect...

An Echelon Partners report showed robust activity in mergers and acquisition in Q2.

The RIA formed by partners who broke away from Goldman Sachs is building a workplace retirement plan and wealth advisement...

The firm is slated to go private through purchase by Bain Capital and Reverence Capital, along with partners BlackRock, Fidelity,...

Prime Capital Retirement will be part of Prime Capital Financial in a wider rebrand.

Poor service quality was another driver of recordkeeper moves, new research from Escalent finds.

Emily Bailey will oversee the New York to Maine region with an eye to build on the team’s roughly 400-person footprint.

Mercer parent Marsh McLennan will expand its international retirement footprint with purchase of Cardano.

The leading 401(k) managed account provider continues to build out its wealth planning footprint with acquisition of $453 million Soundmark.

Rush Benton, who worked on more than 40 wealth management-focused deals, will be leaving to start his own business.