Raymond James stock soars after shocking earnings beat—analysts can’t believe it!

Pallavi Madhiraju- October 24, 2024 0

Raymond James Financial Inc. (NYSE: Raymond James) has experienced a notable surge in its share price following the release of its quarterly earnings report, which ... Read More

BNY Mellon bets on growing managed accounts market with Archer acquisition

Pallavi Madhiraju- September 7, 2024 0

The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services firm, announced a definitive agreement to acquire Archer Holdco, LLC ("Archer"), ... Read More

Massive $4.5bn deal: Envestnet set for major shift with Bain Capital takeover!

Pallavi Madhiraju- July 11, 2024 0

Envestnet, Inc., a premier provider of integrated technology and wealth management solutions, has entered into a definitive agreement to be acquired by Bain Capital. The ... Read More

Mercer to acquire Cardano to expand wealth management services

Pallavi Madhiraju- June 12, 2024 0

Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in transforming the world of work, has announced its agreement to acquire Cardano, ... Read More

Cresset Asset Management acquires historic Connable Office to bolster multi-family office services

Pallavi Madhiraju- June 9, 2024 0

Major Acquisition in Asset Management: Cresset Asset Management has announced its acquisition of The Connable Office, Inc., one of the oldest multi-family offices in the ... Read More

Soltis Investment Advisors secures strategic investment from Estancia Capital Partners and LLR Partners to accelerate growth

Pallavi Madhiraju- June 8, 2024 0

In a pivotal development for the wealth management industry, Soltis Investment Advisors, a distinguished Registered Investment Adviser managing over $9 billion in client assets, has ... Read More

Cetera’s The Retirement Planning Group acquires Lee Financial Group Hawaii

Pallavi Madhiraju- June 5, 2024 0

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 ... Read More

Wealth Enhancement Group acquires Financial Advisory Group to expand presence in Texas

Pallavi Madhiraju- May 30, 2024 0

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 ... Read More

ABN AMRO to acquire German Private Bank HAL for €672m to bolster position in wealth management

Pallavi Madhiraju- May 28, 2024 0

ABN AMRO has announced the acquisition of Hauck Aufhäuser Lampe (HAL), a prominent German private bank, from Fosun International for EUR 672 million. This strategic ... Read More

Avantax acquires GA Investment Management to enhance wealth management services

Pallavi Madhiraju- May 18, 2024 0

Avantax Inc., a premier tax-focused financial planning and wealth management firm, has acquired GA Investment Management (GA), an unaffiliated Pennsylvania-based wealth management company. This strategic ... Read More