The Path Ahead for Small Firms and Independent RIAs
Just 5% of RIA firms advise on $1 billion or more in assets, but they service more than 60% of...
Tag: M&A
Competitors PCS and Aspire Combine in Latest Recordkeeper Acquisition
PCS and Aspire, both founded nearly two decades ago with the common goal of providing specialized services to investment fiduciaries, will join together to achieve the benefits of...
The RIA M&A Party Rolls On
An interest in consolidating wealth management and institutional businesses drove many advisory industry M&A deals in the second quarter.
Wealth Industry M&A Accelerating Steadily
On the 12 transactions tracked by Fidelity in April 2019, 11 involved registered investment advisers and one involved an independent broker/dealer.
Emphasis on Value-Add Services in Morgan Stanley’s Solium Acquisition
Morgan Stanley executives say the recent acquisition and rebranding of Solium Capital reflects the firm’s goals of connecting with wealth management clients earlier in their careers and in...
Hellman & Friedman Buying Financial Engines
The deal is for $45.00 per share in cash, for a total value of $3.02 billion.