Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
InvestCloud Acquires Advicent and Its NaviPlan Platform
By Jeff BermanThe acquisition provides InvestCloud with a competitive financial planning offering, according to Joel Bruckenstein, T3 president.
May 03, 2021
LPL's Advisor Headcount Set to Top 18,500The Waddell & Reed deal, which closed Friday, will likely make LPL the second-largest BD in terms of advisor force.
April 29, 2021
Carson Group Seeks to Sell a Minority StakeCEO Ron Carson insists, though, that the RIA doesn't "want to end up being sold to Goldman Sachs."
April 28, 2021
Mariner Wealth Sells Small Stake to Private Equity FirmLeonard Green & Partners' investment will help the RIA "continue our expansion and hiring of talent" said Mariner CEO Marty Bicknell.
April 27, 2021
Creative Planning Strikes Its First 2021 Deal, Opens NonprofitIt acquired Castle Wealth Advisors and started Pathway Financial Education as a resource for underserved kids, adults and small-business owners.
April 22, 2021
Schwab: TD Ameritrade Integration Costs Higher Than ExpectedSchwab says the extra costs are due to changes in trading volume and its work toward improving the client experience.
April 21, 2021
Merger of Schwab, TD Ameritrade Advisor Referral Networks BeginsSchwab is slashing the number of RIA firms in the referral program to 175 from 298, it says.
April 20, 2021
RIA Sequoia Financial Strikes Deal, Pushing Assets to $7BThe merged Ohio firms will operate under the Sequoia name in Colombus and have about 110 employees.