Beacon Pointe buys $1 billion RIA to expand operations in New York City
Beacon Pointe made its largest deal so far in 2023 to acquire YorkBridge, a $1 billion RIA, and expand operations in New York City.
Source: investmentnews.com
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Beacon Pointe made its largest deal so far in 2023 to acquire YorkBridge, a $1 billion RIA, and expand operations in New York City.
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Despite the double-digit drop in RIA M&A volumes this year and at the firm in 2022, dealmakers say the move will boost its value and available capital.