Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Fidelity Unveils New Digital Experiences For Next-Gen Investors: Tech Roundup
By Jeff BermanAlso, iCapital has introduced structured investments via Envestnet's platform.
April 18, 2023
Atria Buys $15B Firm From KestraWith the addition of Grove Point, formerly H. Beck, Atria's operations should include about 2,700 financial professionals.
April 17, 2023
Schwab Slashes 80 More Jobs in TD Ameritrade IntegrationThe latest cuts were "in no way connected to current events in the financial sector," a spokesperson said.
April 11, 2023
RBC Picks Up $1B First Republic TeamRBC's reputation of financial strength and dedication to supporting advisors were reasons cited for the move.
April 04, 2023
How UBS Bought Credit Suisse for a Song — With Morgan Stanley's HelpUBS paid about double what it spent on its failed purchase of Wealthfront and got more than 50 times the client assets.
April 04, 2023
Rockefeller Capital Gets $622M for Selling 21% StakeThe firm, led by Greg Fleming, oversaw $100 billion in client assets as of March 31 and is now valued at $3 billion.
April 02, 2023
UBS to Cut Staff Up to 30%; Prosecutors Look at Credit Suisse DealFirms such as Citigroup and JPMorgan Chase are gearing up to recruit some of the wealth managers likely to be let go.
March 29, 2023
The Standard to Acquire Elevance Life and Disability BusinessThe deal could help the buyer expand retirement plan sales.