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September 22, 2023
Wealth Enhancement Group Joins Forces with Integra Capital Advisors
Wealth Enhancement Group, an independent wealth management firm, announced the acquisition of Integra Capital Advisors, an independent RIA with two locations in Florida. Integra Capital Advisors' team...
By Dan Pender
May 19, 2023
Ohio's DayMark Wealth Partners Continues Expansion by Adding the Compass Group
DayMark Wealth Partners announced T. Rodney Twells, Andrew Sikorovsky, and Joseph Schmidt have joined the firm as the Compass Group of DayMark Wealth Partners. The team includes Kimberly Fitzgerald...
By Dan Pender
October 1, 2020
Fairway Wealth Management set to acquire Focus Financial Partners
Focus Financial Partners Inc., a wealth management firm, is set to acquire Fairway Wealth Management LLC, a registered investment adviser based in Independence,...
By Adam Burroughs
July 24, 2020
Hightower Advisors’ Omar Qureshi On Preserving Wealth In Wake Of COVID-19
Hightower Advisors Managing Director Omar Qureshi discusses the challenges and opportunities created by the pandemic, and what business owners and investors should do sooner than later to preserve wealth....
By Adam Burroughs
July 7, 2020
Sequoia Financial Group gets strategic investment from Kudu Investment Management
Sequoia Financial Group LLC gets a strategic investment from Kudu Investment Management, LLC, an independent provider of long-term capital solutions to asset and wealth managers. Financial terms were not disclosed....
By Adam Burroughs
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
