Mergers and acquisitions play a key role in the development and growth of the wealth management industry. With billions of dollars on the table, both buyers and sellers want a mutually beneficial transaction to close quickly and transitions for clients to be implemented smoothly. But success is not always guaranteed.
Here are five stories on recent deals with financial planning practices.
For the third straight month, retirement advisors have lost confidence in the economy — and many blame the central bank.
Combining the two partner firms will create an RIA with more than $50B under management.
The private equity-backed advisory aggregator plans to use a consolidation process in "coming months" to bring its various brokerages under one brand.
As one of many providers of the existing and expanding capabilities, Envestnet is urging more financial advisors to consider after-tax optimization.
Industry experts who track comings and goings at large firms say the advisor staff figures often obscure more than they reveal.
In a Q&A with tech innovator Dani Fava, the new chief strategy officer for Carson Group explains where the rapidly growing firm is headed next, and the importance of using AI as a time saver.
