Sequoia Financial to acquire Carlson Capital Management, adding $3.8bn in client assets
Sequoia Financial Group, LLC is set to acquire Carlson Capital Management, LLC in a landmark deal that will add $3.8 billion in client assets and ... Read More
Carson Group acquires Carson Wealth Cedar Rapids to drive client-centric growth
Carson Group, a leading name in wealth management with $38 billion in assets under management (AUM), has expanded its presence by fully acquiring Carson Wealth ... Read More
Aviva achieves double-digit growth in Q3 2024 driven by diversified strategy
Aviva plc has reported a stellar performance in its Q3 2024 trading update, showcasing resilience and growth amidst dynamic market conditions. The UK-based insurance giant ... Read More
Wealth managers ramp up AI spending: Budgets to surge over 100% in just 5 years, finds Wipro survey
Wealth management firms are bracing for a monumental shift as AI budgets are projected to more than double, according to a new Wipro survey. With ... Read More
Raymond James stock soars after shocking earnings beat—analysts can’t believe it!
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
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!
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
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
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
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