Tag: wealth management
EP Wealth Acquires $200 Million Bay Area RIA
EP Wealth Advisors LLC, an independent registered investment adviser with $5.3 billion in assets under management, has purchased Personal Financial Consultants Inc., a $200...
HighTower Makes Investment in Billion Dollar Massachusetts RIA
HighTower, one of the nation's largest registered investment advisory firms, has made a “strategic” investment in Lexington Wealth Management, a Lexington, Massachusetts-based advisory group...
Genstar-Backed Mercer Global Advisors Grows Northeast Presence with Latest Acquisition
Mercer Global Advisors Inc., a registered investment adviser with more than $16.5 billion in client assets, has purchased Regent Wealth Management Group, an RIA...
Stifel to Buy Missouri-Based Broker-Dealer
Stifel Financial Corp. (NYSE: SF) has agreed to buy certain assets of George K. Baum & Company, a broker-dealer that focuses on municipal securities....
Royal Alliance Super OSJ Recruits Father-Son Hybrid
Capitol Financial Solutions, a super-OSJ affiliated with Royal Alliance Associates with nearly $1.2 billion in total client assets, has recruited Fidelity Capital Management, a...
LPL Financial Adds Former UBS Broker with $160 Million Of Client...
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisor Cary L. Hall Jr., founder and chief executive officer of CLH Wealth...
LPL Financial to Acquire Firm with $3 Billion in Client Assets
LPL Financial Holdings Inc. has agreed to acquire Allen & Company of Florida Inc., a broker-dealer and registered investment adviser with 30 advisors that...
Lightyear to Sell Wealth Enhancement Group to Private Equity Firm
Wealth Enhancement Group, an independent wealth management firm that oversees $11.8 billion in client assets, has been acquired by funds affiliated with TA Associates,...
FINRA Suspends Former Wells Fargo Broker for Trading on Deceased Customer’s...
The Financial Industry Regulatory Authority has suspended and fined former Wells Fargo broker, Michael David Garris, for making 26 unauthorized transactions in a deceased...
LPL Financial Adds Another Group from Kestra Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Encino, California-based PFP Financial and Insurance Services Corp. to its broker-dealer and corporate registered...
