The role of geography in potential business opportunities for financial advisors can be hard to calculate…
Tag: M&A
How EBITDA multiples are misleading RIA sellers in wealth
Marc Schechter says it was right about the time the RIA he ran hit $1 billion…
LPL CEO not surprised by Commonwealth departures
Just a day before his firm’s completed purchase of Commonwealth Financial Network, LPL CEO Rich Steinmeier…
American College, RISR team up on business succession clients
Years ago, the owner of a small insurance firm that was about to change hands came…
Morgan Stanley open to acquisition deals
Morgan Stanley CEO Ted Pick told analysts Wednesday his firm is looking at acquisitions for its…
3 fintech trends that could signal sector downturn
With half of 2025 in the books, I’ve found myself having oddly similar conversations with RIA…
Pershing revenue rose in q2 due to asset appreciation
One of the industry’s largest clearing and custody firms suffered an outflow of $10 billion in…
RIA industry snapshot displays growth of wealth management
Registered investment advisory firms topped previous records in many key business metrics in 2024, with assets…
Edward Jones gains tax expertise for UMAs with Natixis deal
In the past, when Edward Jones advisors wanted to know how selling stock in clients’ accounts…
Atria layoffs shed light on LPL’s M&A strategies
Even as LPL commits to keeping Commonwealth Financial Network mostly intact after buying it later this…
Commonwealth recruits big team ahead of LPL purchase
Commonwealth Financial Network’s looming acquisition by LPL Financial isn’t halting its recruiting engines, as evidenced this…
Financial advisors express doubts about giant RIA rollups
Competitive threats are lurking beneath the surface of the dominant industry headlines about the massive growth…
Osaic to buy fee-only RIA CW Advisors
Fresh off consolidating eight previously acquired broker-dealers under its brand, Osaic is embarking on its biggest…
Simon Quick Advisors stays free of PE with latest deal
Chris Moore of Simon Quick Advisors doesn’t think there’s necessarily anything wrong with accepting private equity…
Judge sentences advisor who sold to WEG in fraud case
A disgraced investment advisor who sold her practice to Wealth Enhancement Group before becoming the subject…
Is scale a necessary evil in wealth management?
What do Morgan Stanley, Schwab, Edward Jones and Creative Planning have in common? Louis Diamond is…
How financial advisors can avoid bad private equity deals
Private equity investors’ pitches to financial advisors often feature tempting bid prices and promises for the…
How consolidators balance RIA autonomy, platform uniformity
With thousands of independent advisory firms spread across the U.S., the wealth management industry remains highly…
The perks and pitfalls of Raymond James’ equity offers
Raymond James is offering its independent advisors a deal: If they need cash to invest in…
Q1 Has Lowest Insurance Agency M&A in 5 Years; Mega Deals Coming?
The first three months of 2025 were the slowest quarter for insurance agency mergers and acquisitions…
Fivetran acquires Census to become end-to-end data movement platform
After nearly 13 years in business, Fivetran will now be able to offer its customers an…
Flex acquires a16z-backed Maza for $40M as fintech M&A heats up
Flex, a startup that offers personal finance software for business owners, has acquired Maza, a finance…