DeVoe Tracks Advisory M&A Slowdown, While MarshBerry Sees ‘Breakout Year’
Market observers agree that the underlying causes of advisory firm mergers and acquisitions remain strong.
Deals & People
Prudential Adds ‘Wealth’ to Retail Advisory Branch Name
The company aims to highlight the expansion of its wealth management business.
Edelman Names Tina Wilson Chief Retirement Officer
Kurt Fauerbach, the outgoing head of workplace business, is retiring after 18 years with the firm.
Advisory M&A News – 9/23/2026
Modern Wealth acquires AWA Wealth Management; Cerity Partners to acquire 3 firms; Merit Financial Advisors taps $888M adviser team; and...
CAPTRUST Acquires 2 New York-Based Advisory Firms
Compass Advisors and Long Island Wealth Management add a combined $1.2 billion in assets.
Kay Lynn Mayhue Named CEO of Merit Financial Advisors
Founder Rick Kent will become executive chairman, and Zach Mersberger will become president.
State Street Global CIO to Step Down
Lori Heinel will continue in her role until her retirement in March 2027.
Advisory M&A News – 9/16/2026
NFP acquires Moores Insurance Management; Horizon Wealth Management joins LPL; Apella Wealth welcomes Longview Financial Advisors; and more.
Consulting Firm RVK Acquired by Creative Planning
The acquisition is expected to expand Creative Planning’s investment strategy and fiduciary governance capabilities.
Transamerica Adds 2 Leaders to Retirement Sales Team
Kevin Murphy joins the company from Broadridge, as the national sales manager for the large-plan market, and Danny Kling is...
Great Gray, iCapital to Develop Private Market CITs
The firms announced plans to create a suite of asset-class-specific vehicles across private credit, private equity and private real assets.
Retirement Industry People Moves – 9/11/2026
Beacon Pointe makes 2 executive leadership appointments; David Haughton joins Hargrove as VP of engagement; IRA Financial selects Tony Unkel...
The Standard Exceeds $5B in PEP Assets
Pooled employer plan assets totaled $34 billion as of year-end 2025, according to survey data.
Envestnet Acquires Vestmark
The deal supports more than $2T in assets and brings a ‘complementary client base’ to Envestnet, that company announced.
Advisory M&A News – 9/9/2026
UBS hires 3 advisers in Bethesda office; Wealth Enhancement acquires Arbor Capital Management; Glenmede expands senior leadership team in 4 offices; and...
Prime Capital Financial Seeks to Expand Client Base in OCIO Push
The advisory firm aims to make inroads with endowments and foundations.
Retirement Industry People Moves – 9/4/2026
Alight names wealth solution leader; Council of Institutional Investors appoints executive director; Merit Financial Advisors hires chief technology officer; and...
Advisory M&A News – 9/2/2026
Midwest Financial Group becomes Osaic affiliate; Socha partners with Savant Wealth Management; Sequoia Financial acquires BSW Wealth Partners; and more.
Aon Acquires USI from KKR for $17B
USI Consulting Group’s parent company is expected to expand Aon’s ‘middle-market’ insurance platform.
NPPG Acquires Managed Account Provider ProManage
The deal comes days after ProManage’s previous owner was purchased by a management company.