Captrust Financial Advisors announced two acquisitions Wednesday that were completed in late 2021 and added more than $1.5 billion in assets to the Raleigh, North Carolina-based registered investment adviser. Captrust, which added a record 11 firms in 2021, acquired New ...

With more strategic decisions being made at home offices as retirement plan advisers turn their focus to serving clients, the four recent RPA roundtables revealed the status and direction of the adviser-sold 401(k) market. Each roundtable was unique, with senior ...

In stride with much of the wealth management space right now, Hightower is locking in deals just under the wire of 2022 when the Biden administration is expected to enact more stringent taxes. The Chicago-based aggregator announced Tuesday morning a ...

In one of its biggest deals to date, Toronto-based aggregator CI Financial is buying RegentAtlantic, a $6 billion New York-based registered investment adviser. The deal pushes CI’s total U.S. RIA assets over $100 billion and marks it’s 28th acquisition since ...

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 ...