By now, we’re all familiar with the way private equity firms have been racing toward the wealth management industry with bags of cash to buy some of that predictable fee-based financial planning income. The influence of PE capital has been ...

Investment firm KKR has taken a minority stake in the parent company of Beacon Pointe Advisors, a Newport Beach, California-based registered investment adviser that manages more than $20 billion. Beacon Pointe’s management, led by CEO Shannon Eusey, will continue to ...

Four years after partnering with private equity investors, Focus Financial Partners is going through the next phase of working with outside owners. Focus, which went public in 2018, announced Monday that one of its two private equity partners, Kohlberg Kravis ...