M&A
M&A
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Renewed recruiting efforts and pumped-up tech are boosting headcount and fee-based assets.
October 15 -
The acquisition established a $6 trillion-giant operating as a mutual fund company, RIA custodian, bank, retail brokerage and national wealth management firm.
October 14 -
Estimates for the deal between the analytics platform and private equity firm LLR Partners go as high as $270 million.
October 13 -
Among those leaving is Tom Nally, president of TD Ameritrade’s RIA division. He’d been with the company for 26 years.
October 9 -
Days after completing the purchase of E-Trade, CEO James Gorman’s second major transaction of the year aims to bulk up the firm’s asset management arm.
October 8 -
The custodian had been a key player in the growth of the independent channel.
October 6 -
The newly combined firm is expected to transform the independent marketplace in terms of technology, talent and RIA choice.
October 6 -
The combined company would become a $2 trillion RIA custodian.
September 30 -
The firm is maintaining control but dropping its FINRA registration as the sector’s rising expenses and lower margins fuel consolidation.
September 30 -
The independent firm has been an aggressive recruiter since its founding in 2013.
September 29