Mergers & Acquisitions
Watch breaking news videos and read news updates about Mergers & Acquisitions on investmentnews.com
Focus invests in its first Canadian advisory firm
Focus Financial Partners has taken a stake in an 850 million dollar Canadian ($675 million) asset wealth manager in Montreal, representing its first investment in that country.The firm is partnering with Dorchester Wealth Management, which was founded in 1928 in Montreal and serves Canadian,
Stifel's purchase of Sterne Agee likely not its last in the broker-dealer space
The acquisition signals Stifel's interest in growing its wealth management business, though future deals depend on what's available — and at what price, according to CEO Ron Kruszewski.
M&A flat as buyers grow disillusioned
Acquisitions among registered investment advisers were flat last year, as buyers grew more selective about culture and philosophy of firms on the block.
Do-it-yourself bond traders are changing Wall Street
Breakfast with Benjamin: Do-it-yourself bond traders have become much more than just a nagging headache for Wall Street's big boys.
Selling your practice? Here are the top five things to look for in a buyer
Remember that the buyer who may be willing to pay the most financially may not always be the best fit.
Will the LearnVest-Northwestern Mutual deal lead to a culture clash?
Learnvest-Northwestern deal bodes well for fin tech firms, robos, but it's uncertain whether the financial planning service can maintain its indie culture.
$6 billion RIA Mercer sold in PE deal
Genstar Capital is buying Mercer Global Advisors, a large Santa Barbara, Calif., RIA, from former PE owners Lovell Minnick Partners. Plus: The latest ranking of fee-only RIAs by AUM
Royal Alliance acquires small independent B-D
Formerly known as First Midwest Securities, the IBD has 33 advisers and $600 million under management.
RCAP closes another independent B-D deal
Completes purchase of Girard Securities, the second independent broker-dealer acquisition in as many weeks
The robo-fication of RIA deal making
Deal making will undergo a change fueled by new technology but the most powerful approach will integrate technology and human consulting.
RCAP back on acquisition trail
RCS Capital Corp. resumed building out its retail broker-dealer network Thursday, announcing it had closed on its acquisition of VSR Financial Services Inc., a mid-sized independent broker-dealer known for selling alternative investments.
LPL adds 50 reps and advisers to banking channel
IBD inks deal with Southwest financial services company Zions Bancorporation, adding 50 reps and advisers.
Big Boston RIA Colony Group strikes again
Firm surpasses $5 billion in AUM in latest deal for $1.2 billion CapGroup Advisors.
Is there a bubble in RIA prices?
As prices soar, some consolidators back away from acquisitions, citing cost of capital.
Envestnet acquires tech company Upside
Outsourced investing platform will use Upside's portal for financial planning and investment management in effort to keep advisers ahead of robo trend.