Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
TD Ameritrade's Retirement Plan Unit Being Merged Into Schwab's
By Jeff BermanStarting April 1, any new RIA retirement plan business will be directed to the Schwab Retirement Network for Advisors.
March 16, 2021
CI Financial to Buy $4.7B RIA in AtlantaAs part of the deal, Emigrant Partners — part of New York Private Bank & Trust — is selling its minority interest in Brightworth.
March 12, 2021
CI Financial to Buy $2.5B RIA in New YorkSince entering the U.S. market in early 2020, Canada-based CI has made 15 acquisitions.
March 11, 2021
Time's Running Out on PPP Loans, but RIAs Have Other OptionsExecs from Live Oak Bank and DeVoe & Co. discuss SBA and other loans available for financial advisors.
March 10, 2021
Mercer to Buy $740M San Diego RIAMercer praised the Epstein & White's 75%-per-annum organic growth and its CEO's marketing skills.
March 09, 2021
Cetera Buys $490M BD, RIA in PhiladelphiaThe purchase of Magis Financial Partners was finalized March 1, Cetera says.
March 09, 2021
Orion to Acquire Portfolio Stress-Testing PlatformThe platform, HiddenLevers, is a rival of the popular risk management platform Riskalyze.
March 08, 2021
Waddell & Reed to Slash More Than 200 Jobs Following LPL Deal"There is always collateral damage when firms are acquired, merged or sold," consultant Tim Welsh says.