Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Cetera Takes Minority Stake in $1.7B Firm
By Jeff BermanThe BD/RIA has made a strategic investment in Overland Park, Kansas-based Prosperity Advisors.
February 02, 2023
Focus Financial Mulls $4B Offer From PE FirmClayton Dubilier & Rice wants to take Focus private for $53 per share in cash.
February 01, 2023
Mariner Wealth Hires John Hancock ExecTodd Cassler comes on board to serve as the firm's chief strategy and growth officer.
January 26, 2023
Vestmark Adds 6 New SMA Strategies: Tech RoundupAlso, Financial Services Institute teams with Broadridge to introduce free Form CRS Video Guide for FSI members.
January 25, 2023
Cetera to Buy Securian Financial's Wealth UnitThe deal includes 1,000 financial professionals and 30 firms working with a total of $72.2 billion in assets.
January 24, 2023
Schwab Buys Membership Network for UHNW FirmsThe Family Wealth Alliance's members serve about 25,000 families and advise on about $500 billion of assets.
January 19, 2023
Orion Hires Industry Veteran as New EVP of Sales: Tech RoundupAlso, Fidelity acquired software firm Shoobx; Broadridge extends its digital wealth platform partnership with IGM Financial.
January 17, 2023
UBS Doesn't Plan to Buy Credit Suisse or U.S. FirmsThe firm needs to get its U.S. wealth business "up and running and improve ... margins," says Chairman Colm Kelleher.