Affiliation Benefits Abound, but Independence Still Has Merits, Say Advisers Who Have Done Both
Many plan advisers have moved to affiliate models for reasons ranging from client service to career pathing, said advisers at...
Tag: M&A
OneDigital Makes 6th Acquisition This Year, Fueling Southeast Expansion
The aggregator added wealth manager Triad Financial to join its five previous wealth or retirement advisement acquisitions so far this...
Some Wealth Managers See Growth in Branching Out to Retirement Consulting
One of the commonly missed opportunities for growing a retirement or wealth advisory business is executive financial consulting, according to...
Advisory M&A
Cetera acquires tax-focused wealth manager Avantax for $1.2B; Investment Consulting Group joins Osaic; Hub International acquires assets of Dieffenbach Benefits...
TPA Strongpoint Partners Adds Pension Financial Services to Network
Strongpoint will have more than 4,000 plans and $7B in assets under administration with the deal.
Goldman Looks to Shed RIA Arm, Will Continue Third-Party Custody Push
While the firm is looking to divest the results of its 2019 acquisition of United Capital, it will continue to...
Goldman, Charlesbank to Invest in Pensionmark Parent World Insurance
The combined Goldman capital infusion would add up to $1 billion, fueling growth plans for areas such as retirement and...
Advisory M&A
Innovest adds Jansson as retirement plan consultant; Wealth Enhancements adds $341M First Capital Advisors; Latimer joins Steward Partners in Florida...
Advisory M&A
Cetera seals Securian deal with 91% retention; Sequoia adds wealth manager with practice area focused on clients with special needs;...
SageView CEO Long to Step Aside as Firm Pushes Further into Wealth Management
Founder Long to take chairman role as John Longley, former SVB private wealth head, becomes CEO.
Empower Workplace Assets Rise 13% Through Q2, Personal Wealth Jumps 28%
CEO Ed Murphy says rollover capture also increased year-over-year in the quarter for assets with an average of about $100,000.
Advisory M&A
Ameriprise adds 3 teams worth total of $1.1B in client assets; Mercer Advisors Snags Texas-based $680M wealth advisory; Cetera adds...
The PLANADVISER Interview: Vince Morris, President of Retirement and Wealth, OneDigital
The OneDigitial retirement plan leader says the aggregator’s company-wide focus on the employee guides its strategic growth.
Carson Group Starts Beta Testing for New Financial Wellness Program
The wealth manager plans to join other big RIAs in serving participants with its own financial wellness program, according to...
Epic Snags Recordkeeper Retirement Direct
Meanwhile, workplace retirement and benefits aggregator Mercer picks up $720M wealth manager.
Why Wealth Managers Are Engaging Small Retirement Plan Startups
The connection is strengthening between wealth managers and small workplace retirement plan providers to meet the needs of small business...
Advisory M&A
LPL brings on $6.5B RIA; Sanctuary snags former UBS firm; Steward acquires Vantage Point from Merrill; and more.
MarshBerry: Retirement M&A Up in First Half, Bucking Overall Trend
Of the 18 retirement deals through the first half of 2023, 2 came from wealth advisories ‘dipping their toes’ in...
Advisory M&A
Sequoia Financial adds $387M wealth manager; Pathstone adds Veritable to further focus on ultra-high-net-worth clients; and Savant Wealth buys combined...
Schwab: Financial Advisers Using Behavioral Finance Gain More in New Assets
Advisers also turned to personalized options such as direct indexing to stand out for clients.