Tag: mergers and acquisitions

SEIA acquires Select Money Management; Creative Planning acquires Grassi Investment Management; Modern Wealth acquires PSF/Galloway; and more.

Daniel Nolan, Graypoint’s president and CEO, will be a partner in and vice chairman of Cerity Partners.

The acquired businesses, expected to operate as one group moving forward, include Fiducient Advisors, Newport Private Wealth and Wealthspire Advisors.

The firms’ partnership will oversee nearly $200 billion in assets and provide access to fund managers in the public and...

Private equity was responsible for 86% of transactions involving registered investment advisers, according to a new report from Fidelity.

The Illinois-based retirement plan consulting and wealth management firm was acquired by the California-based registered advisory firm.

Pending regulatory approval, Comvest Credit Partners and its $14.7 billion in assets will be merged with Manulife’s existing credit platform.

The newly formed firm will have more than 1,750 attorneys in more than 20 offices.

Private equity-backed wealth management firms have made the lion’s share of RIA acquisitions, according to separate studies from Echelon Partners...

The acquisition, which brings over $180 billion in assets under management, will also give Nomura a wealth management channel in...

Renamed as Prime Capital Family Office, the Austin-based team will focus on ultra-high-net-worth clients.  

M&A deals with private equity backing have surged over the past decade, according to Fidelity.

The transaction will expand Great Gray’s presence in the retirement plan advisory market.

In a separate transaction, the Carson Group added an advisory team based in Roseville, California.

Hub International, active in retirement plan deals, completed 48 transactions during the year, MarshBerry reported.

The acquisition is OneDigital’s first in the nonprofit sector.

The deal expands Empower’s services into equity compensation administration and management.

The acquisition is the largest for Alera’s retirement plan services division and more than doubles its total assets.

The Mercer adviser team adds to its footprint in the Northeast with the high-net-worth specialist.

Aquiline Capital acquires majority stake in Isio Group; Countiss Wealth Management debuts; Wealth Enhancement Group adds Starfox Financial Services.