Merrill Corp. of St. Paul, Minn. has acquired Daniels Printing of Boston. The deal makes Daniels, an 118-year-old company which had been family-owned, part of a public company. The new company will be called Merrill/Daniels. Merrill hopes that the acquisition will shore up its New England operations. Daniels, with over $68 million in revenue in 1998, is the fourth largest financial printer in the U.S. and has 375 employees. Terms of the deal were not disclosed.
Nearly two-thirds of advisors surveyed this month said that internal training programs or workshops were offered by their firms.
The 260 advisors in Huntington's wealth unit will now turn to Ameriprise for brokerage, advisory and insurance services previously provided internally.
Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.
Financial advisor Drew Boyer turned an accidental acceptance from a fire chief into a successful niche serving firefighters and police officers.
Private equity-backed M&A activity has steadily risen. Owners may do great in a sale, but what about advisors lower in the organization?
With unfounded rumors spreading that Osaic was about to buy its rival Cetera, a Texas-based headhunting firm started calling advisors to see if they wanted to move. Other industry recruiters say that crossed an ethical line.
