Integrated Pension Services, the Boston, Massachusetts-based retirement and pension services arm of Integrated Partners, has acquired Benefits 21, a unit of Friedman LLP that is in the same business.
Friedman, based in New York City, is a large certified public accounting firm.
Integrated Pension Services has $300 million in assets in 246 retirement plans with a total of 4,300 participants. Benefits 21 has 184 plans with a total of $400 million in assets and 3,800 participants.
The terms of the acquisition were not disclosed.
Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.
The approval of the pay proposal, which handsomely compensates its CEO and president, bolsters claims that big payouts are a must in the war to retain leadership.
Integrated Partners is adding a husband-wife tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
