Deals & People June 6th, 2023 Cetera Holdings Acquires Retirement Planning Group The parent of the Cetera Financial broker/dealer network adds $1.4B RIA; meanwhile, another PE-backed advisory, Mercer Advisors, gets new backing...
Deals & People June 5th, 2023 Advisory M&A Atria Wealth brings on team from Flagstar; Mercer Advisors acquires RMR Wealth Advisors; BG Group joins UBS; and more.
Deals & People May 31st, 2023 Franklin Templeton to Acquire Putnam for $925 Million The deal would boost Franklin’s defined contribution asset management to $90 billion in AUM, while Great-West, parent of Empower, will...
Deals & People May 30th, 2023 MassMutual Names New Financial Advisory, Annuity Leaders Mike Fanning, who oversaw the firm’s sale of its retirement recordkeeping division to Empower, is set to retire.
Deals & People May 22nd, 2023 Advisory M&A Adviser Investments and Ropes Wealth combine to make $15B RIA; Sanctuary snags another advisory from Merrill; Trusted Wealth brings $465M...
Deals & People May 8th, 2023 Accelerate Retirement Spins Off From Aggregator NFP As an independent advisory, the firm expects to be more ‘nimble’ in meeting both adviser and client needs.
Deals & People May 3rd, 2023 Franklin Buys Managed Accounts Firm to Expand Adviser SMA Offerings The investment manager’s purchase of volScout will add to its managed investment strategies for advisers working with institutional clients and...
Deals & People May 1st, 2023 Pensionmark Hires Compliance Head To Help With Acquisition Push Jonathan Curley, a former RIA, will perform due diligence on firms Pensionmark is looking to acquire.
Deals & People May 1st, 2023 Advisory M&A Modera Wealth Management announces acquisition of Parsec Financial; Modern Wealth Management acquires Barber Financial Group; and more.
In Practice April 26th, 2023 Altruist Pitches Tech, Personalization to Advisers According to the financial tech custodian’s head of investing, RIAs are shifting more into ‘holistic’ needs, including retirement saving.
Deals & People April 19th, 2023 Hightower Advisory Fairport Wealth Names Matt Logar CEO Fairport, which has acquired four advisories since joining Hightower in 2017, promotes Logar to succeed Ken Coleman.
In Practice April 17th, 2023 Pensionmark CEO Says Firm Moving to 50/50 Retirement, Wealth Split by Summer About one year after being acquired by World Insurance, Pensionmark discusses robust pipeline of wealth adviser transactions ahead.
Deals & People April 17th, 2023 Advisory M&A Aristotle acquires $20B Pacific Asset Management; Beacon Pointe Advisors acquires $1B NY-based advisory; Cetera takes minority stake in $350M adviser;...
Deals & People April 12th, 2023 Adviser M&A Deals Bounce Back in Volume, Worth in Q1 Echelon’s quarterly M&A report found private equity financing helped push Q1 2023 numbers above Q4 2022 results.
Deals & People April 10th, 2023 Advisory M&A Former Goldman Sachs execs launch wealth management consolidator with $200M; Mercer Advisors buys Andesa Financial Management; Acorns acquires UK-based financial...
Deals & People April 4th, 2023 Pensionmark Appoints New M&A Head to Push Growth Former Envestnet M&A lead joins Pensionmark about one year after the firm was acquired by World Insurance with goal of...
Client Service April 2nd, 2023 Beyond Comp: What Makes Advisory M&A Deals Stick When it comes to setting up a successful long-term relationship with top advisers, firms still generally rely on sticks instead...
In Practice March 31st, 2023 Adviser M&A To Stay Strong in 2023, but Expect Delays Advisor Growth Strategies reports that dealmakers are getting more creative amid high interest rates.
Deals & People March 9th, 2023 CAPTRUST Acquires $5.8B Texas Firm Monroe Vos Consulting Monroe Vos founder says joining CAPTRUST will provide scale of economics.
Deals & People March 6th, 2023 Advisory M&A Americana Partners snags Texas-based Morgan Stanley advisory; Integrated Partners nets $2.5B advisory; Hub adds to Gulf South presence with insurance...