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December 20, 2021

Merchant Investment buys minority stake in Private Advisor Group

By Verdict Staff

Merchant Investment Management has made a long-term, minority stake investment in US-based Registered Investment Advisors (RIA) Private Advisor Group.

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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:  
  • 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
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The size of the investment has not been disclosed.

Private Advisor, which serves over 700 financial advisors in the country, over $30bn in assets.

The capital boost from Merchant will enable the firm to help small independent wealth management firms expand and launch their solutions in the market quickly.

It will also support the firm to help advisors with continuity and succession, and bolster its suite of services for financial practice leaders and their employees.

Private Advisor Group CEO RJ Moore said: “We have long admired Merchant’s commitment to their business owners, independent operating model and the financial profession. We are mutually aligned in our focus to enhance long-term value creation and succession solutions for advisors while accelerating our collective growth.”

“With so much untapped potential in the wealth management space, Private Advisor Group looks forward to continuing to enhance and introduce leading options for the financial advice profession now and for generations to come.”

Under the terms of the deal, the firms will operate independently while mutually benefitting from leadership, tenure and experience of one another. No changes in staffing or ownership is expected.

Merchant executive chairman Marc Spilker said: “Having spent over 35 years in the investment management and wealth management space, I’ve found that firms like Private Advisor Group are extremely rare.”

“It’s an organisation focused on the fundamentals while continually evolving to stay ahead of trends and best practices to fuel success. All of us at Merchant are ready to roll up our sleeves and begin working on the strategic initiatives we’ve already identified.”

Earlier this month, Merchant made a long-term, minority stake investment in $3bn multi-shore firm Brainvest Wealth Management.

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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