Dealmaking
Explore the latest industry news and advice that can help financial advisors grow their businesses through mergers and acquisitions.
Joe Duran's Rise Growth Wins $250M Backing From New Capital Partner
By John ManganaroDuran, Rise's founder and CEO, says the Charlesbank investment is a significant milestone for the firm.
January 25, 2024
Advisor M&A Fell in 2023: Why DeVoe Says It's No Big DealRIA deal closings declined for the first time in a decade, DeVoe & Co. reported.
January 11, 2024
Atria Wealth Boosts Assets by $12BTwo of its business units, CUSO and Sorrento, now work with about 200 banks and credit unions.
January 09, 2024
Cambridge Launches New Fee-Only RIABridgePort Financial Solutions, led by Eddie Rollins, will acquire stakes in small and midsize firms.
December 21, 2023
LPL Takes 20% Stake in Independent Advisor AllianceThe backing will help to elevate advisor services and support without jeopardizing IAA's independence, its CEO says.
December 14, 2023
Edelman Financial Buys $1.5B Retirement FirmThis is the company's largest deal, based on assets, since it began acquiring other entities in 2021.
November 08, 2023
Hightower Acquires $2.5B RIAThe wealth management firm adds Resource Consulting Group, a fee-only concern based in Orlando, Florida.
November 06, 2023
Morningstar, Envestnet Launch Managed IRA ServiceThe IRA product will have no account minimum, allowing investors with lower balances to access personalized advice.