In a bold move signaling significant growth, WealthCreate, a leading financial planning practice headquartered in Houston, has announced the successful acquisition of several financial firms across the United States. This expansion includes Texas-based Studemont Group Planning and Steadfast Wealth Strategies, Arizona-based McConnell Financial, California-based FMC Financial Group, and a segment of Ohio-based OneSeven’s book of […]
The Retirement Planning Group (TRPG), an employee-based Registered Investment Advisor (RIA) under Cetera Holdings, has significantly expanded its wealth management services by acquiring Lee Financial Group Hawaii. With assets under management totaling approximately $225 million as of March 31, 2024, Lee Financial is known for its comprehensive investment management and financial planning services, primarily serving […]
In a strategic move to enhance their service offerings, CBS Brokerage, an independent insurance brokerage, has partnered with Modern Wealth, a registered investment advisor (RIA) known for its innovative approach to financial planning. Announced in the first quarter of 2024, this partnership enables Modern Wealth advisors to integrate strategic, insurance-based risk management solutions into their […]
Wealth Enhancement Group, an independent national wealth management firm overseeing more than $81.9 billion in client assets, has strategically expanded its portfolio by joining forces with Lynch Retirement Investment Group, a respected hybrid RIA based in Columbia, Maryland. This acquisition brings a skilled team of three financial advisors and three support staff under the Wealth […]
In a significant financial move, Karnataka Bank has successfully completed an equity share capital allotment amounting to ₹600 crores through a Qualified Institutional Placement (QIP). This strategic financial maneuver, approved by the Committee of Directors of Karnataka Bank on the day of announcement, underscores the bank’s ongoing commitment to fortifying its capital base to support […]
Allianz Life Insurance Company of North America (Allianz Life) has expanded its portfolio with the introduction of the Allianz Accumulation Advantage+ Annuity, a new product aimed at bolstering retirement savings. This fixed index annuity blends impressive accumulation potential with a premium bonus, showcasing Allianz’s commitment to innovative and flexible financial solutions. Additionally, the recent launch […]
HDFC Life, a leader in the life insurance sector, has announced a strategic partnership with the Gujarat Giants for this Women’s cricket season, aiming to empower women with the knowledge and importance of financial planning. Through this collaboration, HDFC Life seeks to encourage women across India to proactively plan for their financial future and safeguard […]
Mission Wealth LP, a prominent national wealth management firm, has recently announced a significant merger with Charles Carroll Financial Partners. This strategic move not only underscores Charles Carroll’s dedication to exceptional client service but also solidifies its internal succession plan. This merger represents the fourth such integration by Mission Wealth in the past thirteen months, […]
Private Advisor Group, recognized as one of the leading and fastest-growing independent wealth management firms in the United States, has officially announced the integration of Poterack Capital Advisory into its advisor community. This partnership marks a significant addition to Private Advisor Group’s network, with Poterack Capital Advisory overseeing assets worth over $120 million. Led by […]
