2 Boston-Area RIAs Merge to Form $1.2 Billion Firm
Argent Wealth and Pillar Financial will continue to focus on HNW and UHNW clients, leveraging scale and complementary services, says Dave DeVoe.
DFA Partners With Dave DeVoe on New Succession Planning Program
The new program aims to help its advisors develop written succession plans, and they’ll get a valuation of their firm’s worth from Dave DeVoe.
Rollups Account for Majority of Advisor M&A in Q3: Schwab Report
With a quarter to go, year-to-date RIA mergers and acquisitions nearly match the value of all deals recorded in 2011. But the actual number of deals this year is still lower.
Two Big RIAs, Savant and Monitor Group, to Form $2.7B National Firm
Principals of the combined fee-only company, including Savant's Tom Muldowney, say their new model solves multiple issues for mature RIA firms like Savant and The Monitor Group.
Angeles Investment Advisors, Carson Wealth’s Foster Launch HNW RIA
The new RIA plans to grow by hiring breakaway brokers “looking to build upon an exceptional brand.”
LPL Financial to Acquire Alternative Investment Firm Fortigent
Fortigent will continue to operate autonomously from its Rockville, Md., headquarters and its existing management team will remain in place, reporting directly to Robert Moore, LPL Financial's CFO.
DeVoe Departs Schwab to Form Advisor M&A Consulting Firm
Will provide strategic consulting and valuations, and arrange financing for mergers and acquisitions for advisors.