Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Carson Group Seeks to Sell a Minority Stake
By Janet LevauxCEO Ron Carson insists, though, that the RIA doesn't "want to end up being sold to Goldman Sachs."
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.
April 19, 2021
Focus Financial CEO Took 17% Pay Cut in 2020Rudy Adolf's total compensation decreased to $5.68 million from $6.81 million in 2019, according to a proxy statement.
April 16, 2021
Orion Closes HiddenLevers Deal: Tech RoundupAlso, Envestnet appointed Chris Shutler as head of market intelligence.
April 15, 2021
RIA M&A Activity Sets Records in Q1Branded acquirers in particular were on a roll in the first quarter, Fidelity reported.
April 13, 2021
IQ-EQ to Acquire $1.9B Private Wealth Firm in South DakotaThe purchase of Concord Trust Co. is part of the Luxembourg-based firm's U.S. growth strategy.