Epic Snags Recordkeeper Retirement Direct
Meanwhile, workplace retirement and benefits aggregator Mercer picks up $720M wealth manager.
Tag: M&A
Why Wealth Managers Are Engaging Small Retirement Plan Startups
The connection is strengthening between wealth managers and small workplace retirement plan providers to meet the needs of small business...
Advisory M&A
LPL brings on $6.5B RIA; Sanctuary snags former UBS firm; Steward acquires Vantage Point from Merrill; and more.
MarshBerry: Retirement M&A Up in First Half, Bucking Overall Trend
Of the 18 retirement deals through the first half of 2023, 2 came from wealth advisories ‘dipping their toes’ in...
Advisory M&A
Sequoia Financial adds $387M wealth manager; Pathstone adds Veritable to further focus on ultra-high-net-worth clients; and Savant Wealth buys combined...
Schwab: Financial Advisers Using Behavioral Finance Gain More in New Assets
Advisers also turned to personalized options such as direct indexing to stand out for clients.
DeVoe Predicts First Down Year for RIA M&A in Almost a Decade
High interest rates, inflation and uncertainty are depressing RIA dealmaking.
Advisory M&A
Hub expands in Southeast; Nava acquires benefits consultancy; Cerity adds wealth managers focused on women-owned businesses; and more.
CAPTRUST Expands Presence in South
Acquisition of Southern Wealth Management brings managing partner Dick Jones and 62 colleagues to CAPTRUST.
Advisory M&A
Hub International acquires Golden Corner Wealth Advisors; Marsh McLennan Agency adds Integrity HR Inc.; Day & Ennis joins Mercer Advisors;...
Wealth Management M&A Dips Slightly in Q2
The second quarter decline mimics similar drops in 2020 and 2022, even as the industry went on to strong dealmaking...
Cbiz Adds to Retirement Plan Capability With APA Acquisition
The financial and insurance advisory brings on Indianapolis-based American Pension Advisors, along with its 1,200 clients.
Advisory M&A
Heffernan announces acquisition of Barbary; Procyon Partners adds two senior advisers; WP Financial acquires Sage Financial Design.
Inside the Deal: What Makes Retirement and Wealth M&A Stick?
Aggregators discuss the importance of a robust onboarding protocol that ensures an acquired advisory is set up for continued growth.
Fidelity Sees Jump in Quantity, Value of RIA M&A Deals Since 2020
During the last three years, 492 transactions took place, compared to 146 during a similar period from 2017 through 2019.
Advisory M&A
Moneco Advisors receives minority investment; Integrated Partners creates Insurance Solutions Division; Omnia Wealth Group launches with support from LPL Financial.
OneDigital Acquires $3.8B Retirement, Wealth Shop StoneStreet Equity
The deal is the fourth retirement and wealth acquisition of the year for OneDigital and expands its Northeast presence.
Empower CEO Expects Continued Recordkeeper Consolidation
Edmund Murphy discussed Empower’s push into wealth management and building brand name recognition during investor day.
July Acquires Sunwest Pensions to Expand National Presence
The 401(k) provider continues its PE-backed acquisition strategy by booking its fourth deal of the year.
SageView to Acquire Retirement Benefits Group’s Founding Team
The advisory aggregator will acquire retirement plan consulting firm leads with $5.2 billion in assets under administration.