Added on January 2020 in M&A Issues
0 visitor like this article | Viewed 3111 times | 0 comment
Summary: Recent eye-popping M&A deals are reshaping much of wealth management and leading thousands of financial advisors to switch firms. While the record-breaking consolidation affects each company and advisor differently, a look at some of the most recent moves can illuminate the key trends in the rapidly evolving industry.
Added on January 2020 in M&A Issues
0 visitor like this article | Viewed 3686 times | 0 comment
Summary: The stats alone are impressive. More than 20 mega teams — those managing $1 billion or more in assets — switched firms last year.
Added on December 2019 in M&A Issues
0 visitor like this article | Viewed 3100 times | 0 comment
Summary: No, that's not a premise for a TV sitcom – it actually describes my family's life-changing leap from city to country six years ago. The implications of that transition (which, I assure you, persist) often come to mind as I see the unprecedented number of RIAs taking their own major leaps into transformational mergers and acquisitions (M&A).
Added on November 2019 in M&A Issues
0 visitor like this article | Viewed 3015 times | 0 comment
Summary: The aging financial adviser demographic is expected to put $1.6 trillion worth of client assets in play over the next five to 10 years, according to research from Cerulli Associates.
Added on October 2019 in M&A Issues
0 visitor like this article | Viewed 2970 times | 0 comment
Summary: Shirl Penney grew Dynasty Financial Partners to help liberate financial advisory teams from the conflicted shackles of Wall Street’s banks and investment houses. Earlier this year, the firm itself moved away from the city of legacy finance, relocating its headquarters from Manhattan to St. Petersburg, Fla., for, he says, that city’s pool of young talent, a growing presence of other independent financial services firms and a better lifestyle for employees.
