Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
U.S. Bank Buys PFM Asset Management Business
By Jeff BermanThe unit will keep operating as a separate entity; PFM's financial advisory business is not part of the deal.
July 08, 2021
Wealth Enhancement Group Nabs $1.04B RIA in Los AngelesThe transaction is the firm's second Southern California acquisition, following Pillar Pacific in June.
July 02, 2021
Focus Financial to Add $3B in AUM With 3 New AcquisitionsThe RIA aggregator added teams in Arizona, Maryland and New York.
July 01, 2021
LPL Rolls Out New Model Wealth Portfolio Platform Feature: Tech RoundupAlso, UBS launches its fourth Future of Finance Challenge, an open competition for fintech startups and tech entrepreneurs.
June 28, 2021
CI Financial Gobbles Up $2.6B RIA in PennsylvaniaWith this deal and another other recent transaction, the firm says its U.S. assets should soon hit $68 billion.
June 25, 2021
Jamie Hopkins: How a Capital Gains Tax Hike Will Affect AdvisorsThe proposed tax increase will have a major impact on advisors who plan to sell their firms, Carson Group's managing partner of wealth solutions says.
June 25, 2021
The Dark Side of Technology ConsolidationWhat can firms learn from Riskalyze's recent (and then retracted) marketing campaign, which zeroed in on its competitors?
June 24, 2021
State Street to Implement Machine Learning: Tech RoundupAlso, CI Financial led a funding round for a fintech firm.