Wealth Industry M&A Accelerating Steadily
On the 12 transactions tracked by Fidelity in April 2019, 11 involved registered investment advisers and one involved an independent broker/dealer.
Tag: M&A
Emphasis on Value-Add Services in Morgan Stanley’s Solium Acquisition
Morgan Stanley executives say the recent acquisition and rebranding of Solium Capital reflects the firm’s goals of connecting with wealth management clients earlier in their careers and in more holistic ways.
Hellman & Friedman Buying Financial Engines
The deal is for $45.00 per share in cash, for a total value of $3.02 billion.