IWP UK bolsters Midlands reach with Bishop Armstrong takeover
Consolidator Independent Wealth Planners UK (IWP UK) has expanded its Midlands hub Alexander Grace with the takeover of financial planning…
Wealth-tech firm PureFacts raises funds to support global growth plans
Canadian wealth management solutions provider PureFacts Financial Solutions has raised C$20m ($15.3m) from Scotiabank and venture capital firm Round 13 Capital. The privately held wealth-tech already has tie-ups with the…
26 Nov 2020
CI bolsters US presence with majority stake purchase in RGT Wealth Advisors
Canadian wealth manager CI Financial has agreed to take a majority interest in Dallas, Texas-based RIA RGT Wealth Advisors. The deal consideration consists of an undisclosed cash payment and CI…
25 Nov 2020
Stanhope Capital and FWM to form $24.2bn wealth manager via merger
Stanhope Capital Group and FWM Holdings have agreed to combine their businesses in a deal that would result in the formation of a $24.2bn wealth manager. Financial terms of the deal,…
25 Nov 2020
MAI Capital Management swoops on Greenway Family Office
Ohio-based RIA MAI Capital Management has bolstered its national footprint by acquiring Greenway Family Office (GFO) for an unknown sum. Founded in 2010 by Joan Malloy, GFO offers financial planning…
24 Nov 2020
Beacon Pointe expands US reach through combination with CBD Wealth Management
California-based wealth advisory firm Beacon Pointe Advisors has merged with Louisiana-based peer CBD Wealth Management, adding $690m in assets to its books. Financial details of the deal, which is said…
24 Nov 2020
AMG purchases minority interest in Jackson Square Partners
Affiliated Managers Group (AMG) and the management team of Jackson Square Partners have acquired the minority equity stake in San Francisco-based investment manager Jackson Square held by Macquarie Investment Management. Jackson…
23 Nov 2020