Tag: M and A

Russell Investments announced its intent to acquire U.S. One, Inc., a registered investment adviser (RIA) and exchange-traded fund (ETF) provider.

InvestorForce, Inc. and eVestment Alliance are expanding the partnership they formed last year, the two companies announced.

The Buckingham Family of Financial Services has acquired Advisors Access, a turnkey 401(k) program, from Capital Directions.  

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Strategic Benefit Solutions, Inc. (SBS).

 Mariner Wealth Advisors has acquired the CBIZ Wealth Management team, formerly a part of CBIZ Inc., effective January 1.  

Munder Capital Management, a money management firm serving institutional and individual investors, is acquiring Integrity Asset Management, a Louisville, Kentucky-based institutional investment management company.

Bolton Partners, Inc., of Baltimore, Md., has acquired Stephen R. Thomas Actuarial Associates, Inc., of Trenton, N.J.

Genworth Financial, Inc. agreed to acquire the Altegris companies, a provider of alternative investments including hedge funds and managed futures products, representing approximately $2 billion in client assets.

As planned, Aon Corporation completed its merger of Hewitt Associates, Inc. with a subsidiary of Aon, creating Aon Hewitt late in the day Friday.

Financial advisers Tony Noisom and Chris Musino recently joined Raymond James & Associates, in its Coral Gables, Florida, branch.

In another shift in the asset management industry, AllianceBernstein L.P. announced it has acquired SunAmerica's alternative investments group.

A new survey by Hewitt Associates found that how companies leverage their compensation and benefits programs during mergers and acquisitions plays a critical role in retaining key talent...

Aon Corporation and Hewitt Associates, Inc. announced that they anticipate completing their proposed merger transaction on or about October 1, 2010.

A new Fidelity program, “Expand Your Practice,” is intended to help registered investment advisers (RIAs) analyze their readiness to grow through mergers, acquisitions, or hiring new people.

Arthur J. Gallagher & Co. has acquired Old Greenwich Consulting Group based in New York, after acquiring Benefits Unlimited in early August.

Scout Investment Advisors, a subsidiary of UMB Financial Corporation, has agreed to acquire Reams Asset Management Company, an investment management firm specializing in fixed-income products.

Remember when it used to be quiet in July? 

Two giants in the benefit consulting space have decided to join forces.  

Triad Advisors announced that it is now affiliated with Gitterman & Associates Wealth Management, LLC.

Forward Management, LLC, has announced that Accessor Funds are now the Forward Funds.