Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
CI Financial to Buy $4.7B RIA in Atlanta
By Janet LevauxAs part of the deal, Emigrant Partners — part of New York Private Bank & Trust — is selling its minority interest in Brightworth.
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.
March 04, 2021
AssetMark to Buy Voyant for $145MThrough the deal, the turnkey asset management platform provider will pick up financial planning and client digital engagement tools.
March 03, 2021
Two Impact Investing RIAs to MergeRachel Robasciotti and Maya Philipson will join Abacus Wealth as director of advocacy engagement and strategic advisor, respectively.
March 02, 2021
Invesco Combines 5 Advice Solutions Under Intelliflo Brand NameThe company had acquired all five of the businesses in recent years.