Peter Mallouk’s firm made its second multi billion-dollar deal in three months after its first private equity infusion last year.

The nation’s largest independent broker-dealer will onboard a substantially higher share of assets and advisors than after its last comparable deal in 2017.

The deal will nearly double Congress Wealth Management’s client assets.

The parties are combining forces to offer other practices a longer term alternative to private equity deals.

Private equity-backed Wealth Enhancement Group unveiled its third largest deal ever and its first location on the West Coast.

More growth is on the way: the No. 1 IBD has one more massive recruiting move and a $300M acquisition to complete.

Advisor Group, Raymond James, LPL, New York Life, Stone Point Capital, and other news and moves of the week in the financial advice world.

The White House’s sweeping proposal to raise taxes on the wealthy will likely force advisors to get creative as they structure sales of their practices.

The RIA roll-up could make as many as a dozen deals in 2021 through the new source of capital, CEO Marty Bicknell says.

Biden’s proposal to raise capital gains taxes on investments profits would hit many business owners, not just ultra-wealthy investors.