M&A Roundup: United Capital Acquires Atlanta-Based PPA Advisors
In other M&A news, Envestnet completed its acquisition of Prudential WMS, and Madison Dearborn Partners completed its NFP deal.
Envestnet to Acquire Prudential Bank Wealth Management Unit
The deal will solidify ENV’s presence in the bank channel, CEO Jud Bergman says. The $10 million-plus acquisition adds scale to its platform.
Top Portfolio Products: New Emerging Markets Equity Fund From Calvert
Aberdeen launches emerging markets debt fund, as Schwab rolls out mobile offering.
Genworth Launches Trust Business for Indie Advisors
Advisors worried about losing client assets to corporate trustees seek relationships with firms who will support their primary relationship with clients, says Genworth’s Brad Wheeler.