Focus Financial Partners is acquiring Alley Co., a Lake Forest, Illinois-based advisory firm with $585 million in client assets. Founded in 1998, Alley specializes in separate account investment management, customizing and managing proprietary investment portfolios and providing asset allocation advice ...

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 ...

Jeff Sheldon launched his advisory firm, Cardinal Point Wealth Management, 12 years ago after witnessing the tax and estate planning challenges facing Canadian retirees who live part of the year in the United States. “I was seeing firms that I ...

Focus Financial Partners, an investor in registered investment advisory firms, is buying a stake in The Planned Approach, a Kansas City, Missouri, RIA managing $266 million. The acquisition, the terms of which were not disclosed, is expected to close in ...

Focus Financial Partners is acquiring a $1.2 billion Canadian wealth management business that operates in both the U.S. and Canada. The acquisition of Cardinal Point Management and Cardinal Point Wealth Management will represent Focus’ 78th acquisitions, adding to its more ...

Connectus Wealth Advisers, a Cincinnati, Ohio-based registered investment advisory firm managing $909 million, has agreed to acquire an interest in NorthCoast Asset Management, a Greenwich, Connecticut-based RIA firm managing $2.1 billion. The transaction, the terms of which were not disclosed, ...

Focus Financial Partners has agreed to take a stake in Ancora Holdings Inc., the parent of four advisory firms managing more than $2 billion. The firm is based in Cleveland. Terms of the agreement were not disclosed. The transaction is ...

Focus Financial Partners has agreed to buy Wechter Feldman Wealth Management, a Parsippany, New Jersey-based registered investment adviser managing $350 million, and Siena Capital Management, which manages $219 million through offices in Grand Ledge and Williamston, Michigan. Terms of the ...

Focus Financial Partners Inc., a leading aggregator of registered investment advisers, had a blistering first half of acquisitions, with 17 RIA transactions closed or pending in the first seven months of 2021, according to its second quarter earnings released Thursday ...