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May 28, 2020

Stratos Wealth Enterprises Makes Strategic Investment In Brown Wealth Management

Stratos Wealth Enterprises is a Stratos Wealth Network company that collectively oversees $13.9 billion in brokerage and advisory assets....

By SBN Staff

May 18, 2020

MAI Capital Buys NY-Based Grisanti Capital Management

The all-equity transaction is expected to build on MAI’s recent expansion to New York City and adds an experienced team of investment professionals to MAI’s ranks. The GCM acquisition closed on May 15, and is expected to increase MAI’s assets under management by over $225 million....

By SBN Staff

April 23, 2020

Ancora’s David Sowerby Sees Opportunity For Buyers Coming Out Of COVID-19

Ancora's David Sowerby expects acquisitive companies to find targets at more attractive valuations as a result of the COVID-19 pandemic....

By Dustin S. Klein & Mark Scott

March 16, 2020

Boston-Based Crow Point Partners Buys Oak Park Wealth Management

Oak Park Wealth Management is a $20 million wealth management firm headquartered in Cleveland that focuses on providing innovative investment strategies designed to improve the characteristics of traditional portfolio management....

By Mark Scott

January 28, 2020

First Ohio Planning sold to Mercer

Denver-headquartered Mercer Global Advisors Inc. has acquired First Ohio Planning LLC, a wealth management firm located in Columbus. The transaction will expand Mercer’s wealth management services in Ohio....

By Jayne Gest

January 22, 2020

The Pennsylvania Trust Co. bought by Fiduciary Trust Company International

Fiduciary Trust Company International, a global wealth manager, is set to acquire The Pennsylvania Trust Company, a wealth management firm in the Philadelphia area....

By Adam Burroughs

January 21, 2020

Cerity Partners, Sullivan & Serwitz Merge

Cerity Partners has merged with Los Altos, California-based wealth management firm Sullivan & Serwitz. With this merger, Cerity Partners now manages approximately $26 billion in assets....

By Mark Scott

January 15, 2020

GA Investment joins Stratos Wealth Advisors

Stratos Wealth Advisors, a Stratos Wealth Network company, has added Pittsburgh-based GA Investment Management, with committed assets of $400 million, to its network of independent financial advisers. Stratos is headquartered in Beachwood, Ohio....

By Jayne Gest

January 14, 2020

Cerity Partners Merges With NY-Based EMM Wealth

With this merger, Cerity Partners now manages approximately $26 billion in assets. EMM Wealth has taken on Cerity Partners' name and branding....

By Mark Scott

January 7, 2020

Chicago’s North Square to purchase McKee in Pittsburgh

North Square Investments, a Chicago multi-boutique manager with a range of equity product offerings, has agreed to acquire a majority interest in the business of C.S. McKee L.P., a full-service institutional money manager, headquartered in Pittsburgh....

By Jayne Gest

January 6, 2020

MAI Capital Closes Deal To Buy J.M. Hartwell

The acquisition closed on Dec. 31 and will increase MAI’s assets under management by over $640 million....

By Mark Scott

January 2, 2020

Evoqua completes Memcor divestiture

Evoqua Water Technologies has completed its divestiture of the Memcor® product line to Dupont Safety & Construction. Gross proceeds from the sale were approximately $110 million....

By Jayne Gest

December 19, 2019

BPU Investment Management to be sold

Wealth Enhancement Group, an independent, Minneapolis-based wealth management firm that oversees about $15.1 billion in client assets, has agreed to acquire BPU Investment Management Inc., a hybrid advisory firm with three offices in and around Pittsburgh and approximately $990 million in client assets....

By Jayne Gest

December 17, 2019

The Mather Group Buys Atlanta-Based Daniel Advisors

Daniel Advisors is a comprehensive wealth management practice with $110 million in assets under management....

By Mark Scott

October 17, 2019

Acquisitions Drive Opportunity As MAI Nears $7B

Acquisitions have MAI Capital poised to top $7 billion in assets under management, says Rick Buoncore, with more deals and more growth to come....

By Mark Scott

October 2, 2019

The Mather Group Buys RPH Financial Services

The deal closed within a year of TMG’s acquisitions of two multi-family offices: San Francisco Bay Area-based Berman Investment Advisors and Astraeus Advisers in Park Ridge, Illinois....

By Mark Scott

August 20, 2019

Beese Fulmer, MacNealy Hoover merge

Beese Fulmer Private Wealth Management and MacNealy Hoover Investment Management will merge and Beese Fulmer will become custodian of MacNealy Hoover clients' accounts....

By Adam Burroughs

August 20, 2019

Hickory Asset Management bought by Bluespring Wealth Partners

Hickory Asset Management Inc. based in Concord, is being acquired by Bluespring Wealth Partners LLC, a new business focused on acquiring experienced registered investment adviser and wealth management firms....

By Adam Burroughs

August 20, 2019

HighTower Makes Strategic Investment In Lexington Wealth Management

LWM, which has $1 billion in assets under advisement, focuses on helping clients navigate life events by understanding the emotional aspects of their financial decisions. The business model aligns with HighTower's mission to support advisers and empower them to help their clients achieve their wealth aspirations....

By Mark Scott

June 25, 2019

Cornerstone Capital Advisors bought by CAPTRUST Financial Advisors

CAPTRUST also acquired McQueen, Ball & Associates, a wealth management and financial planning firm located in Bethlehem, Pa. The two transactions bring more than $2 billion of client assets....

By Adam Burroughs

May 21, 2019

Akron’s Springside Partners to be acquired by Dakota Wealth Management

The acquisition of the female-founded Springside will allow Dakota to expand its brand in the Midwest....

By Adam Burroughs

April 17, 2019

MAI Capital buys CCI Financial's wealth management business

The deal, MAI's second since taking on a minority equity partner, will increase assets under management by more than $100 million....

By Adam Burroughs