‘Sell and Stay’ Is the Norm for RIA M&A Deals
Most firm owners say they would prefer to ‘sell and stay’ for a defined period of time after a deal closes—and ultimately participate in the growth opportunities created by the combined entities.
Deals & People
Deals & People
Retirement Industry People Moves
OneDigital Investment Advisors expands to NQDC market; PWA Joins CAPTRUST; Mutual of Omaha Retirement Services Adds to Sales Team; and more.
Deals & People
Deals & People
Retirement Industry People Moves
Empower Retirement selects core market sales director; OneDigital Investment Advisors acquires portion of Vertical Financial Group; New Partner joins MKCI; and more.
HUB Names New Leader for Retirement and Private Wealth
PLANADVISER has learned that HUB International has named Joe DeNoyior as the new leader for Retirement and Private Wealth.
Deals & People
Deals & People
Retirement Industry People Moves
BNY Mellon appoints financial institutions head; Ascensus selects head of sales for FuturePlan; Pentegra adds new regional director; and more.
HUB International Acquires Alpha Pension Group
The acquisition is expected to be one of many that HUB will enact in 2021.
Deals & People
Deals & People
Deals & People
Deals & People
Deals & People
Deals & People
Retirement Industry People Moves
Mercer Advisors acquires Atlanta wealth management firm; Wagner Law Group appoints partner; PCS Retirement acquires ABGRM; and more.
Truist Sells 401(k) Recordkeeping, Advisory Businesses
Ascensus and Empower will take on parts of the 401(k) recordkeeping business, while OneDigital will assume the 401(k) investment advisory business.
Compass Financial Partners Acquired by Marsh & McLennan Agency
Compass Financial is the latest firm recognized in the PLANADVISER Top 100 listing to be acquired by a large, diversified financial services entity.
Aquiline Capital Partners Takes Majority PE Stake in SageView
SageView’s newly announced private equity backing underscores the same pressures and opportunities that have been reshaping the retirement plan adviser industry for years.
2020 in Review: M&A Activity Continued Unabated
Apart from the influence of the coronavirus pandemic, few retirement plan adviser industry trends received more headlines this year than the pace of mergers and acquisitions.
TSA Consulting Group Joins USRBP
U.S. Retirement & Benefits Partners specializes in K-12, governmental, corporate and nonprofit retirement plans.
Deals & People
Retirement Industry People Moves
PCS makes additions to leadership team; Raymond James Financial acquires NWPS; and more.
Deals & People
Retirement Industry People Moves
Advisor Group and Securities America recruit Gaulden & Associates; NTSA hires executive director; retirement services SVP joins PlanMember; and more.
Deals & People
Retirement Industry People Moves
Global Client Group head joins AB; Alger hires SVP and institutional team co-head; The Standard hires retirement plan consultant for Northern California and Nevada; and more.
exclusives
HUB International Running Full Steam Ahead on RIA Acquisitions
The aggregator expects it will announce several more acquisitions of leading retirement plan advisory firms this year and have a busy 2021.
Deals & People
Retirement Industry People Moves
Beacon Pointe Advisors merges with CBD Wealth Management; Strategic Benefits Advisors hires leader of DB administration team; and Nationwide hires chief data officer.
Deals & People
Retirement Industry People Moves
Strategic Development VP joins Pentegra; PCS Retirement adds new hires to marketing department; TIAA president and CEO announces retirement; and more.
Deals & People
Deals & People
Retirement Industry People Moves
Newport purchases PAi; Hub acquires Leading Edge businesses; and more.
Baystate Fiduciary Advisors Latest to Join HUB International
The pandemic-triggered recession has not slowed down merger and acquisition activity in this space, as yet another PLANADVISER Top 100 firm has been acquired by HUB International.