The New York-based RIA aggregator Cerity Partners is bulking up its West Coast presence with the acquisition of Bingham Osborn & Scarborough, a San Francisco-based firm with $5 billion in client assets. The deal, which will push Cerity’s total assets ...

CI Financial paired the reporting of record third-quarter financial results with the news that it is expanding beyond its pattern of acquiring registered investment advisers by taking a minority stake in alternative investments platform GLASfunds. The investment in the $1.1 ...

The momentum continues for CI Financial as the Toronto-based aggregator notches another major acquisition in the U.S. wealth management space. Just a week after acquiring $4.1 billion Detroit-based R.H. Bluestein & Co., CI is adding $7.5 billion Chicago-based Gofen and ...

After several years of new highs in the number of mergers and acquisitions involving registered investment advisers, Rudy Adolf, founder and CEO of Focus Financial Partners Inc., sees no abatement in deal-making. “The overall pipeline could not be stronger,” Adolf ...

Focus Financial Partners Inc. continues to snap up wealth management firms, and on Thursday morning said it had reached an agreement to buy Ullmann Wealth Partners of Jacksonville Beach, Fla. with $582 million in client assets. Terms of the deal ...

Toronto-based aggregator CI Financial is acquiring Portola Partners, a $5.2 billion registered investment adviser based in Menlo Park, California. The deal, which expands CI’s footprint in the San Francisco Bay area, will give the Canadian buyer approximately $82 billion in ...

As more retirement plan advisers sell their practices, others, especially younger RPAs just building their businesses, may want to remain independent. Yet competing against large defined-contribution aggregators is difficult, and RPAs who are part of a practice that is sold ...