Carlyle Group Buys Minority Stake in Avalon Advisors
The Carlyle Group, one of the world’s largest private equity firms, has made a minority investment in Avalon Advisors, a Houston-based wealth advisor and asset manager with nearly $4 billion in assets under management.
Private Equity Firm Buys Indy BD First Allied
Independent broker-dealer First Allied announced that it has joined in an acquisition deal with private equity firm Lovell Minnick Partners, allowing the BD and Lovell to buy First Allied from parent Advanced Equities.
Advanced Equities Financial Corp. launched Venture Gateway (www.venturegateway.com), a Web portal that connects institutional and other high-net-worth investors with late-stage private equity opportunities. The portal...
Advanced Equities, First Allied Announce String of New Hires
Frank L. Campanale has been tapped as chairman and CEO of Advanced Equities Financial Corporation's wealth-management division. This hire, and others at independent brokerage unit...
Aligning With Their Reps
"The best way to grow our business is to help our advisors grow theirs," says Joel Marks, referring to the reps of Advanced Equities Financial...
THE GLUCK REPORT, Part II: Broker/Dealer Tech Report
Which independent B/Ds are leading the way in technology? How does your B/D stack up? It's probably tough for most reps to know. For the...