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 […]
Wealth Enhancement Group, a leading national independent wealth management firm boasting over $81.5 billion in client assets, has announced its latest strategic move—the acquisition of The Financial Advisory Group, LLC, a reputable independent RIA based in Houston, Texas. This addition strengthens Wealth Enhancement Group’s footprint in Texas, introducing its third location in the state. Strategic […]
Objectway, a global leader among the Top 100 FinTech providers of software-as-a-service solutions, has formed a strategic partnership with Kinsted Wealth, an independent wealth manager based in Calgary, Canada. This collaboration aims to revolutionize Kinsted Wealth’s operations by integrating Objectway’s advanced digital solutions to manage their business in a fully integrated and centralized manner. This […]
In a significant development in the wealth management sector, Mission Wealth LP, a leading national wealth management firm, has officially announced its merger with Charles Carroll Financial Partners. This merger, priced prominently at the forefront of this announcement, marks a strategic move aimed at enhancing client service and securing a robust internal succession plan for […]
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, […]
CRISIL Limited, an Indian analytical company owned by S&P Global, has agreed to acquire Peter Lee Associates, an Australian research and consulting firm, for AUD 6.15 million ($4.23 million). Founded in 2004, Peter Lee Associates is engaged in helping financial service corporations build and sustain a competitive advantage in service to their customers. The Australian […]
Lithuanian commercial bank Šiaulių Bankas and investment management and life insurance group Invalda INVL will merge their retail businesses following the approval of the latter’s management board. The transaction with an equity value of €40.2 million is expected to establish a next-generation financial market player which is modern and customer-focused, while generating value for the […]
Toronto-Dominion Bank (TD Bank Group) has agreed to acquire Cowen Inc., a publicly-listed American investment banking company, in an all-cash deal worth $1.3 billion or $39 per share. The deal enables the Canadian banking group to grow its investment banking business and capabilities in the US. Bharat Masrani — TD Bank Group President and CEO […]
Clime Investment Management Limited (CIW), an Australian investment advice company, said that its board has reached an agreement with the principals of MTIS Wealth Management and its in-house accounting firm Investment Strategists Accounting Services (ISAS) to acquire their operating assets for A$7 million. MTIS is a Melbourne-based wealth management, advisory, and accounting/tax services business. It […]
