Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Morgan Stanley Shifts E-Trade Execs to Key Wealth Management Roles
By Jeff BermanThe firm seeks to "leverage the full set of skills and experiences across the organization," says wealth exec Andy Saperstein.
May 19, 2021
Edelman Financial Engines to Buy $846M RIA in the NorthwestEdelman Financial Engines is adding to its tax practice capabilities and CPA staffing with the transaction, expected to close this quarter.
May 14, 2021
Schwab Cuts More TD Ameritrade ExecutivesMore cuts are expected to follow as the firms continue the integration process, a Schwab spokeswoman says.
May 10, 2021
CI Financial to Buy $5.1B RIA in San DiegoThe Dowling & Yahnke acquisition will give CI its first San Diego location and is expected to more than double the Canadian firm's assets in Southern California.
May 06, 2021
T3 and ScratchWorks Team Up for Fall Conferences: Tech RoundupMeanwhile, Fidelity model portfolios are now available via JPMorgan's 55ip tax-smart investment strategy platform.
May 05, 2021
InvestCloud Acquires Advicent and Its NaviPlan PlatformThe acquisition provides InvestCloud with a competitive financial planning offering, according to Joel Bruckenstein, T3 president.
May 05, 2021
Why the Advice Industry Isn't Paperless Yet: Schwab Exec"Some of the obstacles" that remain "sit with us, the custodian," a Digital Advisor Solutions exec says.
May 04, 2021
Creative Planning Scoops Up $5B RIA in Second-Biggest Deal to DateThe acquisition brings Creative Planning a "large pool of experienced talent" in a market where it has many clients, CEO Peter Mallouk says.