Dealmaking
Explore the latest industry news and advice that can help financial advisors grow their businesses through mergers and acquisitions.
Cresset Secures New Backer
By John ManganaroConstellation Wealth Capital is deploying a $150 million to help enhance Cresset’s platform, tech and recruiting capabilities.
November 25, 2024
CI Financial to Go Private in Deal With Abu Dhabi Sovereign Wealth AffiliateThe deal values CI Financial at about $15 billion.
November 25, 2024
Bain Capital Closes Envestnet Acquisition for $4.5BThe deal brings the wealthtech firm new sources of capital and flexibility, but challenges remain.
November 14, 2024
Captrust Buys $5B RIA Based in BostonThe acquisition of Boston Financial Management includes three new office locations and 45 staffers in Massachusetts and Maine.
November 07, 2024
Family Office Rolls Out New Tax Overlay ProgramThe Aris Investing tools will help Callan's partners make personalized, tax-aware trading decisions for wealthy client portfolios.
November 05, 2024
October Broke RIA Deal Record: DeVoeThe surge in mergers and acquisitions is a notable spike following nearly three years of more muted activity.
November 04, 2024
Axos to Integrate Envestnet's Managed Account TechThe partnership will help clients automate routine tasks like rebalancing and reporting, while expanding investment options.
October 30, 2024
UBS Wants to Buy a U.S. Wealth Manager: ChairmanThe firm is the biggest global wealth manager but lags its peers in the U.S., where it has struggled to scale its business model.