The Principal Financial Group Inc. announced a definitive agreement to purchase a 60% indirect ownership of Claritas Administração de Recursos Ltda. / Claritas Investments, Ltd. (Claritas).
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Gallagher Benefit Services Inc. rebranded its institutional investment advisory practice as Gallagher Fiduciary Advisors, LLC (GFA).
Pacific Resources—a nonmedical employee benefits advisory firm—was purchased by two of its senior executives.
Envestnet Inc., a provider of wealth-management solutions for financial advisers, is acquiring Prima Capital Holding Inc.
Goldman Sachs Asset Management (GSAM) is acquiring Dwight Asset Management (Dwight) from Old Mutual Asset Management (OMAM).
Segal Advisors acquired the business of Rogerscasey.
P-Solve completed the merger of its U.S. subsidiary with Cassidy Retirement Group (CRG).
U.S. Bank National Association entered into a definitive agreement with Union Bank, N.A.
Alliant Insurance Services acquired Thesco Retirement Planning Services (TRPS).
Pensionmark Retirement Group opened an office in Fort Wayne, Indiana.
Following the recent acquisition by Asset International, Financial Research Corporation (FRC) has a new focus on research priorities.
Registered investment adviser (RIA) deals increased in 2011 despite a decline in the overall number of deals, according to an industry-wide RIA mergers and acquisitions transaction report from Schwab Advisor Services.
Alliance Benefit Group Carolinas Inc., a subsidiary of Pentegra Services Inc., is acquiring Brown Edwards & Associates Ltd.’s qualified plan administration business.
Kidder Benefits Consultants acquired Lane & Associates and created a new entity called Kidder-Lane Actuarial Services LLC.
Raymond James Financial Inc. has agreed to acquire Morgan Keegan & Company Inc. and related affiliates from Regions Financial for $930 million.
Kidder Benefits Consultants appointed Ray Hansen as regional pension consultant.
National Financial Partners Corp., a provider of benefits, insurance and wealth management services, acquired AGS Benefits Group, LLC (AGS Benefits).
Ameritas Life Insurance Corp. acquired BNL Financial Corp. officially on December 31, 2011.
CBIZ, Inc. purchased the employee benefits and retirement book of business from Advantage Benefit Planning (ABP) of Pleasantville, New Jersey, effective December 30, 2011.
SPARK and The SPARK Institute were purchased from Robert Wuelfing and reorganized as a single non-profit, member-driven association.