Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Envestnet Nears Deal to Sell to Bain Capital: Report
By Janet LevauxThe deal values Envestnet at about $3.5 billion, sources familiar with the discussions told Reuters.
June 17, 2024
Ken Fisher Sells Stake of Up to $3BPrivate equity firm Advent International and the Abu Dhabi Investment Authority are buying a stake in Fisher Investments.
June 03, 2024
The Colony Group Adds 5 Connectus Wealth UnitsThe groups making the move have a total of $5.3 billion in AUM.
May 30, 2024
Broadridge Acquires Advisor Behavior Data FirmThe deal should enable asset managers to better target advisors and drive growth, Broadridge said.
May 29, 2024
Wealth Enhancement Group Brings on $1.2B Texas TeamThe deal to acquire the Financial Advisory Group brings the firm's total asset base to roughly $81.5 billion.
May 21, 2024
Consolidation Meets AI at Industry EventIn the opening keynote at WealthStack, Joe Duran warned advisors about the hidden costs of inorganic growth.
May 10, 2024
Schwab Shuts TD Ameritrade Platforms for GoodThe migration of the remaining 1.8 million TDA accounts will be completed this weekend.
May 10, 2024
JPMorgan Asks Court to Halt Ex-First Republic Advisors' Recruiting Loan FightJPMorgan subsidiaries and 16 advisors are sparring over loans from the defunct bank tied to recruiting bonuses.