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.

The deal, a mix of cash and equity, will expand the RIA consolidator's growing service offerings to clients.

Advisors seeking to sell their firms will find buyers that are increasingly focused on larger practices.

As deal volumes pick back up from the lower numbers late last year, a lawyer advising sellers says that negotiations are getting longer and more complex.

Deals are bigger, quicker and more common. But buyers say valuation expectations often cause them to leave the table.

The marketplace for buyers and sellers is changing as advisory practices consider transactions that could alter their firms on a permanent basis.

Despite macroeconomic challenges and a decade of record deal volumes, Cerulli Associates says the channel remains ripe for further investments.

The decline is expected to come from client outflows, overlap between the two banks and cost savings.

Plus, F2 Strategy makes an acquisition, iCapital has a new alts marketplace and OneVest follows funding raise with a move south.

CEO Peter Mallouk says more growth is on the way for his firm after the private equity-backed company unveiled its second billion-dollar deal of the year.

Could the collapsed bank's advisors who are now at the Wall Street giant become a 'red-headed stepchild'?

The outlook contrasts with other industries worldwide, where volume has fallen to the lowest level since the beginning stages of the pandemic.

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Canada's second-largest bank plans to open 150 U.S. branches by 2027, targeting Florida, North Carolina, South Carolina and Georgia.

Happy State Bank's move after Centennial Bank's acquisition of the firm highlights frenzied action in a large but still relatively nascent channel of the industry.

Central Pennsylvania-based Domani Wealth sought a partner that could provide more resources to its clients and its 23-person team.