Private Advisor Group said Wednesday it acquired Investors Financial Group, a Minneapolis registered investment adviser with $1.86 billion in advisory assets. Terms of the deal were not disclosed. With $30 billion in client assets, Private Advisor Group of Morristown, New ...

LPL Financial’s largest affiliated branch office, Private Advisor Group, said on Friday that Merchant Investment Management had taken a non-controlling minority stake in the firm. Merchant Investment Management is a private partnership that invests in growth companies and other opportunities. ...