Dealmaking
Explore the latest industry news and advice that can help financial advisors grow their businesses through mergers and acquisitions.
'Bain Is Not Coming in Here to Cut': Envestnet Exec
By John ManganaroEVP Tom Sipp shares an insider's view on Envestnet's sale to Bain Capital and several minority investors.
July 05, 2024
Focus Financial to Merge Two Wealth Shops in ChicagoThe combined firm is expected to manage over $24 billion in client assets.
June 26, 2024
Fisher Investments to Spin Off 401(k) Unit in July: ReportThe news comes a little more than a week after Ken Fisher's RIA announced it sold a $3 billion stake.
June 17, 2024
Ken Fisher's Fortune to More Than Double on Private Equity SaleThe minority stake sale will catapult the Fisher Investments founder back onto the Bloomberg Billionaires Index.
June 07, 2024
Cresset Acquires 130-Year-Old Family Office Firm in MichiganThe deal will bring the AUM of Cresset, led by Eric Becker, to more than $52 billion.
May 14, 2024
JPMorgan, RBC Grab Merrill Teams With $30B in AssetsEric Gray and Lance Polverini say moving their $28 billion practice will bring their work to the next level.
May 08, 2024
LPL Closes Acquisition of $5B Wealth BusinessSo far, about 125 Crown Capital advisors have been moved to LPL's platform.
May 08, 2024
Osaic Closes Lincoln RIA and BD AcquisitionThe addition expands the wealth management firm's network of seasoned and specialized financial professionals, CEO Jamie Price says.