All articles by Satarupa Bhowmik

LPL Financial to buy Commonwealth Financial for $2.7bn

LPL will explore ways to bring Commonwealth’s advisor experience and capabilities, developed with Advisor360°, to its ecosystem.

Seven2 to purchase majority stake in wealth platform HRK LUNIS

HRK LUNIS offers a full suite of competitive wealth management services, including discretionary and advisory wealth management.

Quintet Private Bank profit rises 45% in 2024

Quintet’s total group income for 2024 was €571.8m ($616.5m), a slight decline from €602.4m ($649.5m) in 2023.

EQT names new private wealth head in Australia

Daniel Bullock will be based in Sydney and report to Sueann Yeo, the head of APAC private wealth.

Emirates NBD, BlackRock join forces on private markets access

The tie-up is said to “democratise” the alternative assets space, which is projected to grow to $30tn by the end of the decade.

Robinhood introduces suite of wealth management services

The suite comprises Robinhood Strategies, Robinhood Banking, and Robinhood Cortex.

Dynasty teams up with Goldman Sachs for custody services

Waverly expands with acquisition of GGM Wealth Advisor

The acquisition adds GGM’s $400m in assets under management to Waverly’s portfolio, raising its total AUM to about $17.4bn.

CW Advisors buys New Jersey’s Delta Financial Group

The acquisition of Delta increases CWA’s assets under management (AUM) by $1.3bn.

ODDO BHF (Switzerland) names private wealth management head

Burri will manage all PWM activities in the country and serve on the Swiss Management Committee.