News
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Mercer Advisors buys Connecticut firm with $412M in AUA
Mercer Global Advisors announced the acquisition of Benchmark Wealth Management LLC, a Connecticut-based financial planning and wealth management firm.
Sep 3, 2024
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Corient acquires new RIAs with a total of almost $6 billion in assets
Canadian-based asset manager CI Financial's U.S. wealth management division Corient acquired two RIAs with nearly $6 billion in combined assets.
Aug 8, 2024
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Sequoia Financial buys Connecticut firm with $405M in AUM
Sequoia Financial Group acquired Karpas Strategies, a Litchfield, Conn.-based independent investment manager with $405m in AUM.
Jul 31, 2024
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Robertson Stephens acquires $530M RIA in Denver
Robertson Stephens Wealth Management, headquartered in San Francisco, expanded its presence with the acquisition of a $530m Denver-based RIA.
Jul 30, 2024
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F.L. Putnam buys three RIAs, adds $1.25B AUM
F.L. Putnam Investment Management Co. acquired three independent RIAs that will bring in more than $1.25 billion in client assets.
Jul 25, 2024
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KKR to buy Janney Montgomery Scott from Penn Mutual
Private equity giant KKR announced it will acquire Janney Montgomery Scott from The Penn Mutual Life Insurance Company.
Jul 23, 2024
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Bluespring buys $500M AUM Indiana firm
Bluespring Wealth Partners acquired Shelton Financial Group, a Fort Wayne, Ind.-based wealth management firm with $500m in AUM.
Jul 18, 2024
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Bain, Reverence ink $3.5 billion deal for Envestnet
Bain Capital and Reverence Capital Partners agreed to take Envestnet Inc., a provider of wealth-management software, private in a $3.5bn deal.
Jul 11, 2024