Industry News
Industry News
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People familiar with the matter said that Centerbridge Partners is in talks to buy the four-firm, 6,500-advisor IBD network.
April 23 -
The partnership aims to provide exposure to areas such as middle-market private equity, real estate and infrastructure.
April 23 -
The large aggregator faces questions about its future.
April 22 -
Blucora’s wealth management unit is transforming while showing some impressive results. But is the firm moving too fast?
April 22 -
Analysts have speculated that the firm may sell DWS as one way to cover the costs of a potential takeover of Commerzbank.
April 22 -
The company’s acquisition will allow it to target prospective clients who are still in the wealth creation phase of life, says CEO James Gorman.
April 17 -
The 7,500-advisor network agreed to buy certain assets of Foresters Financial’s U.S. BD and RIA.
April 10 -
The market is expected to remain heated in the months ahead.
April 9 -
The bank has been paring smaller business lines since scandals began erupting from its branch network in 2016.
April 9 -
The IBD's advisors can expect new technology and product offerings, says David Knoch.
April 4 -
The bank has considered buying DWS to combine it with its own unit and spin the two off as a separate entity, sources said.
April 4 -
The firm is targeting the mid-Atlantic region, northern Virginia, Florida and the Midwest for more acquisitions this year.
April 3 -
The aggregator buys two RIAs with a combined AUM of over $800 million.
April 2 -
The RIA will be combined with Sontag Advisory to create an $11 billion wealth management powerhouse.
March 26 -
The purchase will add to one of the asset manager’s key businesses, Aladdin.
March 22 -
Strategic buyers have less cash but more flexibility, experts say.
March 21 -
The deal will give Janney greater access to the community banking sector.
March 21 -
The $3 billion-plus RIA seeking scale via acquisitions.
March 19 -
Should advisor retention go as planned, Blucora's agreement to purchase the firm would boost its IBD headcount to 4,500 reps.
March 19 -
The deal to add ready-made packages of funds to the firm’s asset management arm is expected to close in the first half of the year.
March 19



















