Park Sutton News Today

Exencial has picked up a $500 million Austin firm in its 3rd-ever acquisition.

A look at seven of the most notable private equity deals in the RIA space.

Mercer has picked up 2 firms with more than $500M in assets, while Robertson Stephens, WEG, NewEdge, Hub, Kestra, and RFG all announced new additions.

Parsec brings about $3.8 billion in AUM, raising Modera's assets to $10.5 billion and creating one of the largest RIAs on the East Coast.

No fewer than seven M&A deals were announced this week, while three new RIAs launched on industry platforms and three key hires were made in support of growth.

The bank is moving away from direct wealth management services in order to tap into an unmet need for many independent financial advisors, its CEO said.

The joint project with one of the largest advisory practices in the firm's tax-focused brokerage displays how wealth management firms are backing their OSJs.

The wealth managers respectively recapitalized as the spigots of capital keep expanding in the industry, even amid signs for concern in the larger economy.

Park Sutton Advisors is a boutique investment bank focused on the wealth management sector. 

/PRNewswire/ -- Waller Helms Advisors ("WHA"), the specialist investment bank focused on insurance, healthcare, wealth, and financial technology, has agreed to...