Private equity firms

Moody’s lowered the giant IBD network’s credit rating with sobering words that could resonate across wealth management.

Moody’s affirmed the company’s “B3” rating but signalled the potential wide-reaching impact of the pandemic across wealth management.

In a cut throat market, the RIA can now offer cash for M&A deals.

RIAs should begin the selling process by visualizing their ideal situation, investment banker and consultant David DeVoe says in an episode of Financial Planning’s In|Vest Podcast.

The 8,000-advisor IBD network will launch “a more robust hybrid offering” this year, Head of Wealth Management Tim Stinson tells Financial Planning in a new podcast.

With the industry closely watching the complex integration, the selling network's parent divulged how it struck the $1.3-billion agreement to form a giant IBD.

The PE-backed wealth management holding company will grow to 2,500 advisors upon closure of its latest acquisition.

The acquisition of Ladenburg Thalmann for $1.3 billion would take the private equity-backed firm into the realm of the largest firms in the sector.

CEO James Poer seeks a different approach from rivals under the IBD’s new ownership.

Gurinder Ahluwalia, CEO of 280 CapMarkets, outlines new bond-trading infrastructure for wealth management, along with his argument for why fears of PE capital are unfounded.

Atria Wealth Solutions firm Sorrento Pacific recruited a half dozen new advisors in the acquisition and succession-fueled move.

CEO Jamie Price unveiled a three-part “advisor appreciation program” after Reverence Capital closed on a majority stake of the IBD network.

President Adam Antoniades cites record expansion for the year, but the IBD network faces challenges related to recruiting and debt levels.

Lightyear Capital sold its majority stake in Wealth Enhancement Group to another wealth management industry entrant.

Wealth Enhancement Group has also grown organically by more than $1 billion each of the past two years.

Opening the door to retail money comes with risks, including the danger of exposing financial neophytes with relatively limited savings to complex investments.

Jamie Price and incoming majority owner Reverence promise more of the same for the 6,500-advisor IBD network.

Reverence Capital Partners agreed to buy 75% of the 6,500-advisor IBD network from the ownership team that purchased it in 2016.

People familiar with the matter said that Centerbridge Partners is in talks to buy the four-firm, 6,500-advisor IBD network.

The six-IBD network lost advisors during a capital structure change, but its new majority owner says the predicted expansion is still on track.