Dealmaking
Explore the latest industry news and advice that can help financial advisors grow their businesses through mergers and acquisitions.
LPL Takes 20% Stake in Independent Advisor Alliance
By John ManganaroThe backing will help to elevate advisor services and support without jeopardizing IAA's independence, its CEO says.
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.
October 23, 2023
Focus Financial's Adolf Steps Down as CEODan Glaser, a partner with the private equity firm that recently bought Focus, is now interim CEO.
September 01, 2023
The 3 Types of UHNW Clients and How to Serve ThemAdvisors who fail to keep their wealthier clients on solid legal footing risk losing them, says David Guin.
August 28, 2023
Goldman to Sell Former United Capital Unit to Creative PlanningThe business, formerly led by Joe Duran, oversees $29 billion in assets; it was purchased by Goldman for $750 million.
August 27, 2023
Why M&A Activity for RIAs Should Be Strong in 2023There's "never been more capital on the sidelines than there is today," says Republic's Peter Nesvold.
July 25, 2023
LPL Financial to Acquire $6.5B Wealth BusinessThe deal will bring Crown Capital's 260 financial advisors to LPL's platform.
July 20, 2023
Merger Rules Get Tougher in Crackdown by Antitrust EnforcersThe changes come on the heels of several bruising defeats for the government in blocking vertical mergers.