Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
RobustWealth's Closure 'a Shame,' but Not a Surprise, Techies Say
By Jeff Berman"When an insurance company purchases a wealthtech firm, there is often a culture clash," says T3 head Joel Bruckenstein.
June 10, 2021
Cetera Wraps Up Purchase of Voya UnitThe unit, now operating as Cetera Wealth Partners, has some $37 billion of assets and 130 new employees.
June 10, 2021
Morgan Stanley Shifts E-Trade Execs to Key Wealth Management RolesThe firm seeks to "leverage the full set of skills and experiences across the organization," says wealth exec Andy Saperstein.
June 09, 2021
Broadridge Buys Marketing Platform AdvisorStreamInitial opinions of fintech experts on the acquisition were decidedly mixed.
May 26, 2021
Raymond James to Acquire Private Equity Advisor CebileThe company also launched a new application for advisors and nabbed an advisor team from Wells Fargo.
May 19, 2021
Edelman Financial Engines to Buy $846M RIA in the NorthwestEdelman Financial Engines is adding to its tax practice capabilities and CPA staffing with the transaction, expected to close this quarter.
May 14, 2021
Schwab Cuts More TD Ameritrade ExecutivesMore cuts are expected to follow as the firms continue the integration process, a Schwab spokeswoman says.
May 10, 2021
CI Financial to Buy $5.1B RIA in San DiegoThe Dowling & Yahnke acquisition will give CI its first San Diego location and is expected to more than double the Canadian firm's assets in Southern California.