Acquisition brings the high-net-worth giant's assets up to the $47-billion mark while giving it a fresh foothold in the Illinois market.
Co-founder and managing partner Tim Bello offers perspective on RIA deals, Merchant's "lifecycle equity partners" model, and why the industry could see more capital providers come in.
The $11 billion RIA's latest partnerships add $800 million in assets while widening its national network to include 14 offices.
RIA giant Summit is closing in on a $20 billion asset milestone, while the New York-based WA looks to extend its Eastern US ambitions.
FSI, IAA, CFP Board, and other voices have coalesced to help even the playing field on taxes for independent financial professionals.
After a three-year plateau, momentum from declining interest rates and surging markets could drive steady increases in dealmaking.
The two firms are bolstering their ability to operate and engage clients with strategic leadership appointments.
An increasing proportion of alternatives, from fully liquid to illiquid, will be sold in the wealth management channel in the coming years, according to Fuse Research. Traditional asset managers are cranking out products, and PE firms are warming up to advisors.
The New York-based firm's new unit will be headed by a seasoned Blackstone veteran, with a team of alums from Carlyle, Nuveen, BlackRock and CAIS.
The ultra-high-net-worth firm with over $9 billion of advised assets and over a hundred years of history is looking forward to its next stage of evolution.
The breakaway advisor team is making a return to independence with the launch of their own RIA firm through the Dynasty network.
The acquisition, which represents its largest by number of employees, further enhances the $22.6 billion RIA giant's tax planning and compliance capabilities.
Firms' appointments expand reach and capabilities for UHNW clients.
The traditional asset-based fee advisors charge clients "is going by the wayside," one executive said.
In one of the biggest leaps in recent years, the Nashville-based firm with a next-gen focus is embracing full RIA independence.
The acquisitive wealth giant is extending its presence in Sacramento as it welcomes a $365 million advisor duo.
The deal extends Mission Wealth's footprint into Houston while boosting it to $10.6 billion in assets under management.
The Delaware decision voiding non-compete provision under California law has far-reaching implications, says advisor's attorney.
The PE-backed wealth platform is expanding across Colorado and Idaho while broker-dealer giant LPL welcomes a multigenerational advisor pair from UBS.
IAA reached a new asset record as Compound Planning announced strategic additions to its leadership team.
