Focus Financial Signs $550M Credit Deal
The advisor rollup firm plans to use the funds to expand via more M&As this year.
Advisor M&As to Make Comeback in ’14: Tiburon
While deals in the RIA space slowed dramatically in 2013, many factors are driving a turnaround this year.
17 RIAs Sign Succession Deals via Focus Financial
The advisor rollup firm aims for its 27 partners to work together on transitions and continuity planning.
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.
Carson Institutional Alliance Adds Almost $1.4 Billion in First Year
Carson describes CIA as “a network of client-centered, growth-minded, solutions-focused advisor partners committed to delivering trust, transparency and accountability."
Focus Financial Adds $2.2B Telemus
Telemus Capital comes on board in Michigan; meanwhile, Pensionmark Retirement adds a branch in San Diego.
Focus Financial Adds $400M RIA in Midwest
LaFleur & Godfrey join the partnership in Grand Rapids, Mich.; their firm is the fourth group to come on board this year.
Focus Financial to Get $216M Boost From Centerbridge
The new investment is the latest in a series of private equity moves impacting the wealth management industry.
New Hire Roundup: Focus Financial Adds Five
This week in new hires, Focus Financial announced five new hires, JHS Capital welcomed Mark Palsson, and Eric Falkeis became president and COO of Direxion.
Focus Financial Adds $1B RIA
Portfolio Strategy Group joins the partnership with five advisors.