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December 24, 2021updated 05 Jan 2022 12:25pm

Alpha Cubed Investments acquires Empowerment Financial Group

Alpha Cubed Investments (ACI) has acquired Arizona-based Empowerment Financial Group (EFG) for an undisclosed amount.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
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by GlobalData
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Founded in 2009, EFG provides financial planning and portfolio management to high-net-worth (HNW) individuals, families, trusts, and retirement plans primarily in Arizona.

The acquisition adds approximately $160m of assets under management (AUM) to ACI.

As part of the deal, the entire team of EFG will become part of ACI.

Commenting on the deal, EFG CEO Mark Langerman said: “EFG has been working closely with the ACI team for years, and we are excited to move forward as one team with professionals we know and respect. We are eager to begin utilising the combined resources of both firms to better serve our clients.”

ACI CEO and chief technical analyst Todd Walsh said: “We have worked with Mark and his Client Services Advisor, Doni Langston, for years and are very excited to formalize our relationship with them. A company is only as good as the people that work there, and Mark and Doni are two of the best professionals in the business.”

Recent deals in the RIA space

Earlier this month, Wealth Enhancement Group bought California-based $674m hybrid RIA Vivid Financial Management, further advancing its consolidation strategy.

This deal followed Wealth Enhancement’s takeover of Walnut Creek Wealth Management, another California-headquartered hybrid RIA.

Last month, US-based independent investment adviser Wealthspire Advisors signed a deal to buy California-based fiduciary wealth management Private Ocean.

The same month, CI Financial, the Canadian wealth manager who has been on an acquisition spree in the US RIA space of late, made its third RIA acquisition in Chicago with the purchase of Gofen and Glossberg.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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