Mergers & Acquisitions
Watch breaking news videos and read news updates about Mergers & Acquisitions on investmentnews.com
RIAs bringing in new money, study finds
Registered investment advisers will continue to increase their market share of managed assets in the United States, according to Cerulli Associates Inc.
RIA mergers: Numbers down but dollars up in first quarter
Economic uncertainty, fragile investment markets kept RIA M&A to a minimum in the first quarter.
RIAs seek to grow by gobbling up others
RIAs buying other RIAs will be a common theme over the next several years as firms look to grow via acquisition. The trick will be finding sellers who are not asking too much.
All in the family as RIAs step up to buy other RIAs
RIAs buying other RIAs will be a common theme over the next several years as firms look to grow via acquisition. The trick will be finding sellers who are not asking too much.One of the biggest shifts in the deal environment for registered investment advisers is large RIA firms becoming “serial
RIA deal activity subdued in 2012 amid uncertain economy, shaky markets
Fourth quarter flurry helped boost numbers over 2011 tally but just barely.
Cetera acquiring two B-Ds from MetLife
Cetera Financial Group is continuing its aggressive expansion, announcing last Friday that it had agreed to acquire two independent broker-dealers from MetLife Inc. for an undisclosed sum.
REIT spurns rival's offer, pursues its own agenda
Cole turns down bid from rival American Realty Capital; minimizes the premium
Two MetLife B-Ds on Cetera's radar
Company is said to be pursuing an acquisition of one or more broker-dealers
RIA acquisitions down in 2012
Mergers-and-acquisitions activity by RIA firms last year was significantly less than some in the industry expected.
How much is that advisory firm in the window?
When it comes to what an RIA firm is worth, buyers and sellers tell a very different tale.
National firms driving RIA deals
National firms were on the prowl for RIAs last year. While fewer deals closed, the level of assets changing hands rose sharply.
Time may be running out on Legg name
Time may be running out for Legg Mason, at least as a mutual fund brand name. Legg Mason Capital Management — a household name in the 1990s, thanks to star manager Bill Miller's 15-year streak of beating the S&P 500 — is merging into Legg Mason Inc. subsidiary ClearBridge Advisors LLC, the company
United Capital acquires Seattle RIA
United Capital Financial Advisers LLC has acquired Seattle-based registered investment adviser Paragon Investment Management Inc., giving the firm its first foothold in the Northwest region of the country. “The Northwest region was a gaping hole in our national footprint,” said Joe Duran, chief
Urge to merge: Two RIAs plan to combine
Argent Financial, Highland Capital will have combined $4.3 billion in assets.
Top adviser Q&A: John Enright
The principal from Custom Wealth Management talks about the challenges of developing a succession plan.
Explore your opportunities and be informed for your next move.
Mary Beth Franklin, InvestmentNews
Davis D. Janowski, InvestmentNews