Registered investment advisors announced several deals this week, picking up fresh capital and switching broker/dealers. Here’s a look at more than $12.6 billion in client assets on the move as industry dealmakers remain undaunted by volatile markets. Cerity Partners Completes $4.8B Merger With ARGI Financial In its first M&A deal […]
RIA
After approximately doubling in measurement in less than three several years, a significant registered financial investment advisor has a new non-public equity backer and a new asset management arm. San Francisco-centered Parallel Advisors ordered Autus Asset Management of Scottsdale, Arizona while obtaining a strategic expenditure from Golden Gate Capital, a […]
This Acquisition Grows Wealth Enhancement Group’s Existence in the Tri-State Area to 12 Places of work Across New York, Connecticut and New Jersey MINNEAPOLIS, Dec. 15, 2022 /PRNewswire/ — Prosperity Improvement Group, a nationwide independent prosperity management organization with much more than $57.9 billion in full customer property, announced the […]
Venerable RIA builder Peter Raimondi is on the lookout west to find his most recent deal concentrate on. Raimondi’s $2.3bn RIA, Dakota Prosperity Administration, firm has acquired Loveless Wealth Management, a 4-worker RIA controlling $230m which is based mostly in Billings, Mont. The transaction marks the initially expansion for Dakota, which […]
RIA aggregator Aim Monetary Partners posted 1st quarter revenue of $536.6 million on Thursday, a 36{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} year-more than-12 months enhance, exceeding analyst expectations and environment the stage for a further lively year in mergers and acquisitions even with geopolitical and market place problems. “Our 2022 very first quarter benefits ended up […]
Addition of the Central Florida Firm Raises Prosperity Improvement Group’s Complete Shopper Belongings to much more than $55.6 Billion MINNEAPOLIS, March 30, 2022 /PRNewswire/ — Wealth Enhancement Group, an independent wealth administration agency, nowadays introduced the acquisition of Monetary Administration Concepts, located in the Orlando suburb of Wintertime Springs, Fla. […]