Carlyle Makes Growth Investment in CAPTRUST
Equity from Carlyle will be used to advance CAPTRUST’s M&A strategy in both wealth management and retirement, says CAPTRUST president.
Tag: Private equity
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, 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...
Legislation to Expand Accredited Investor Definition Moves to Senate
Two bills seeking to widen the pool of investors who can invest in private equity passed the House last week...
Cetera Holdings Acquires Retirement Planning Group
The parent of the Cetera Financial broker/dealer network adds $1.4B RIA; meanwhile, another PE-backed advisory, Mercer Advisors, gets new backing...
Smart Raises $95M in PE Funding, Eyes Further Acquisitions
Aquiline Capital leads a funding round for the U.K.-based retirement technology firm with operations in the U.S., Europe, Middle East...
Hub Snags PE Firm Minority Stake, Announces More to Come
LGP has taken a minority stake in the insurance, retirement and wealth management aggregator to build on what the firm...
House Bills Would Expand Accredited Investor Pool to Include Clients of Advisers
The House Committee on Financial Services advanced a bill that would allow RIA clients to invest in unregulated offerings such...
Adviser M&A Deals Bounce Back in Volume, Worth in Q1
Echelon’s quarterly M&A report found private equity financing helped push Q1 2023 numbers above Q4 2022 results.
Wilmington Trust Focused on CIT Education Push
Retirement services head Rob Barnett say advisers, plan sponsors and Congress all need a better understanding of the DC investment...
Adviser M&A To Stay Strong in 2023, but Expect Delays
Advisor Growth Strategies reports that dealmakers are getting more creative amid high interest rates.
Advisory M&A
Savant Wealth adds retirement services with Capital Directions deal; PE firms CD&R and Stone Point acquire Focus Financial in deal...
PE Firm LMP Invests in Retirement Services Provider Definiti
LMP’s majority stake in the retirement administrator and recordkeeper will fund strategies including “aggressive” strategic acquisition.
Retirement Industry People Moves
U.S. Bancorp Asset Management picks Jim Link to head OCIO Unit; Marshberry adds Madore as financial advisory VP; and more.
Adviser Product Partnerships
FLX picks Broadridge for asset management distribution platform; Hub partners with employee recognition company Blueboard; more than 100 financial firms...
Solving the Liquidity Factor for Alternative Investments in DC Plans
Alternative investments such as private real estate create a liquidity challenge for plan sponsors, but advisers can help find solutions,...
Education Options for Alternative Investments Expand
As alternative investments grow in popularity, so do programs to educate and assist advisers looking to discuss them with clients.
Adviser Product Partnerships
Linqto brings private equity investing to Millennium’s retirement portfolios; Wealthcare Capital Management partners with retirement, health and home equity firms;...
Compliance Consult
The Value of a VCOC
Investing ERISA plan money via a venture capital operating company.
Recordkeeper JULY Secures PE Financing to Drive Growth Plans, Including M&A
Platform Partners LLC to enter into partnership with JULY to extend relationships with advisers and drive strategic acquisitions.