M&A
M&A
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The Colony Group and XML Financial Group are set to bring on an RIA and a wealth management practice, respectively, in the third quarter of 2021. Focus also announced that Sonora Investment Management will join as a partner firm.
July 8 -
The recent change in presidency is set to bring about substantial changes in the way high-net worth individuals are taxed in relation to capital gains.
July 7 -
The two announcements hours apart came after at least 33 firms with $1 billion or more in client assets changed hands in the first quarter.
July 1 -
The wealth management firm has about $240 million assets under management and 220 clients.
June 29 -
The New York-based bank is broadening its offering to financial advisors, a key source of growth in the asset-management industry.
June 29 -
After hiring Kara Murphy, the wealth manager aims to roll out investment management research and modeling tools for more than 2,400 advisors.
June 29 -
The No. 1 IBD added to its record headcount with the third billion-dollar move it unveiled in a two-week span.
June 24 -
The company is buying financial-literacy startup PayGrade, which makes a virtual banking and investing product used by K-12 schools.
June 24 -
How technology is enabling new types of payment transmission and what this means for banking.
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Each time Edelman made a deal with investors in his advisory firm, he carved out a strategic payout for himself and a profit stake in the new entity.
June 21 -
The lead founder of Edelman Financial Engines, the largest independent advisor in the country, has surprising lessons about selling his 'clients first' firm to private equity investors.
June 21 -
The deal values the robo advisor at close to $966 million, according to people familiar with the matter.
June 18 -
Building a safer ecosystem: Why transparency, controls, and partnerships will drive next era of financial services.
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Advisors can now access model portfolios and client “Risk Numbers” from within the financial planning software.
June 17 -
The PE-backed hybrid RIA is acquiring a practice with nine financial advisors managing $1.46 billion in client assets.
June 9 -
Even with a 15-year window to pay taxes, a near-doubling of the capital gains rate and the elimination of the step-up in basis loophole will make a sale expensive.
June 8 -
The private equity-backed wealth and 401(k) manager drew away an ex-Hightower team as part of its surging growth in the past year.
June 3 -
The app offers investing and banking products to more than 4 million subscribers.
May 27 -
Gabe Garcia had been working to transform E-Trade’s custodian since shortly after the retail brokerage purchased it in 2018.
May 25 -
While several analysts are bullish, not all are convinced of the Canadian asset manager’s newfound strategy.
May 21

















