Tag: wealth management mergers and acquisitions

Trends

M&A Gets Off to a Flying Start

Major deals have already been announced, with the likes of SageView Advisory Group and Compass Financial Partners already having been acquired, and sources say there are more to come.

Deals & People July 23rd, 2020

Despite COVID-19, Asset and Wealth Management Deals Surge

Two deals, by Morgan Stanley and Franklin Templeton, stand out, according to PwC.

Deals & People February 10th, 2020

There Were 13 RIA Transactions in January Totaling $18.9 Billion

After a record year for wealth management M&As in 2019, Fidelity expects the momentum will continue into 2020.

UPCOMING EVENT MORE

2021 Virtual PLANADVISER National Conference

Sep 27-Sep 30, 2021
Virtual Conference

MARKET MIRROR

Friday, the Dow climbed 382.20 points (1.09%) to 35,294.76, the Nasdaq closed 73.91 points (0.50%) higher at 14,897.34, and the S&P 500 increased 33.11 points (0.75%) to 4,471.37. The Russell 2000 was down 8.52 points (0.37%) at 2,265.65, and the Wilshire 5000 gained 277.05 points (0.60%) to finish at 46,547.82.

The price of the 10-year Treasury note was down 5/32, increasing its yield to 1.575%. The price of the 30-year Treasury bond decreased 28/32, bringing its yield up to 2.049%.

For the week ending October 15, the Dow increased 1.58%, the Nasdaq climbed 2.18%, and the S&P 500 finished 1.82% higher. The Russell 2000 was up 1.46%, and the Wilshire 5000 gained 1.96%.