Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Schwab Cuts More TD Ameritrade Executives
By Jeff BermanMore cuts are expected to follow as the firms continue the integration process, a Schwab spokeswoman says.
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.
May 03, 2021
LPL's Advisor Headcount Set to Top 18,500The Waddell & Reed deal, which closed Friday, will likely make LPL the second-largest BD in terms of advisor force.
April 29, 2021
Carson Group Seeks to Sell a Minority StakeCEO Ron Carson insists, though, that the RIA doesn't "want to end up being sold to Goldman Sachs."
April 28, 2021
Mariner Wealth Sells Small Stake to Private Equity FirmLeonard Green & Partners' investment will help the RIA "continue our expansion and hiring of talent" said Mariner CEO Marty Bicknell.
April 27, 2021
Creative Planning Strikes Its First 2021 Deal, Opens NonprofitIt acquired Castle Wealth Advisors and started Pathway Financial Education as a resource for underserved kids, adults and small-business owners.