Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Captrust Wraps Up Purchase of $107B Firm
By Janet LevauxPortfolio Evaluations is the third large institutional-focused firm acquired by Captrust over the past year.
January 06, 2022
RIAs Expect M&A Surge to Continue in 2022Survey respondents cited high valuations, aging of firm founders and proliferation of serial acquirers as reasons, DeVoe & Co. reported.
January 05, 2022
Mariner Wealth Snaps Up $1.3B GroupThe purchase of Granite Investment Advisors of New Hampshire was Mariner's 13th transaction of 2021.
January 04, 2022
Hightower Buys $1.7B TC Wealth PartnersThe deal includes the Trust Company of Illinois, which does trust and estate planning, administration and retirement plan services.
December 29, 2021
RIA Industry Is 'Under-consolidated': Focus Financial's AdolfWhile there were over 200 deals in the space in '21, the executive says there should be more like 300 or 400 transactions a year.
December 28, 2021
James Cayne, CEO for Bear Stearns Rise and Fall, Dies at 87Until 2007, Cayne was among Wall Street's brightest stars; when the firm ran out of money in 2008, the then-chairman was at a bridge tournament.
December 15, 2021
Prospera Financial Buys Dorsey & Co.The acquired firm will maintain the Dorsey and Co. brand and operate as a Prospera office of supervisory jurisdiction.
December 14, 2021
RIAs 'Must Do More to Justify Their Fees': Mariner Wealth's BicknellThe executive also weighs in on working at the office, what books he's reading and his favorite sport.