The private equity-backed consolidator led by Peter Mallouk opened a new unit after acquiring a different Twin Cities-area firm earlier this summer.

It's a good time for savvy financial firms to scan for the right teams to onboard.

The move comes as LPL boasts hefty profit gains in earnings and Kestra struggles with debt.

A sale of the business bought four years ago would undo another part of CEO David Solomon's ill-fated move into managing money for a wider array of clients.

More assets, less debt and a new name are among the Canadian asset manager's wealth highlights.

The Wilmington, Delaware, bank announced this week that it had purchased Bell Rock Capital. WSFS' management says that legal troubles involving that investment advisory firm's founder won't affect the transaction.

CG Advisory Network's move comes less than a month before the transition of clients from TD Ameritrade is scheduled to take place.

Interest rates, compensation and costs relating to the firm's pending deal to go private tore a hole in the RIA aggregator's earnings for the second quarter.

As thousands of advisors prepare to join the Schwab family in a month's time, insiders are weighing in on what it means for the industry.

The deal will preserve independence in the face of competitive pressures, the outgoing CEO of Sentinus said in an interview.

Moves to Osaic, LPL, Raymond James, Steward Partner, Sanctuary and Cresset display how wealth management giants are broadening their appeal.

Despite the rate of M&A slowing in the industry, LPL says it will continue to be a "significant source of growth."

Naratil thinks Lightyear Capital can offer the capital and expertise firms need on their way to IPOs.

Family offices have joined strategic buyers and private equity companies in competing for M&A deals.

Are special purpose acquisition companies the wave of the future, or a waste of space? The experts weigh in.

The incoming multifamily office will push Pathstone above the$100 billion milestone in client assets under advisement.

The Wealth Consulting Group made its first acquisition since the deal that launched its hybrid RIA seven years ago.

After substantial expansion under two earlier outside investors, the hybrid RIA is targeting double-digit gains with a new strategic partner.

Engine Capital, an activist hedge fund in the stock, called on Avantax to explore a sale last month, saying it could fetch as much as $32 per share amid rapid consolidation in asset management.

Amid a low tide of deals, the giants continue to identify RIAs and other firms giving them more scale and new capabilities.