Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Dynasty Scraps IPO as Schwab, Private Equity Firm Take Stakes
By Jeff BermanSchwab and Boston-based private equity firm Abry Partners are taking unspecified minority stakes.
December 06, 2022
Carson Group Acquires Massachusetts Firm With $200M AUMThe deal allows a transition for Northface owners while ensuring continuity, the firm said.
December 01, 2022
Mercer Buys $5B RIA in Silicon ValleyThe acquisition of Regis Management will expand the scope of Mercer Advisors' UHNW and family office work.
November 30, 2022
State Street Ends $3.5B Deal With BBHThe purchase, announced a year ago, involved Brown Brothers Harriman's cross-border custody, administration and related operations.
November 23, 2022
Fintech Consultancy Intention.ly Buys C-Suite Social Media: Tech RoundupAlso, SEI expands its strategic pact with fintech firm Canoe Intelligence.
November 22, 2022
LPL Adds $4.4B Bank Program With Nearly 30 AdvisorsThe deal involves a unit of St. Louis-based Commerce Bank. Terms were not disclosed.
November 14, 2022
CI Financial to Split U.S., Canada Units as Debt Concerns RiseThe IPO of the U.S. wealth management business will happen "when the market conditions present themselves," said CEO Kurt MacAlpine.
November 04, 2022
Schwab to Start Next Phase of TD Ameritrade Conversion in JanuaryJanuary 2023 is when custodial agreements with advisors' firms will be executed, Schwab says.