PE-backed Arax grows with addition of $1.7B advisory
The deal comes as a Raymond James executive questions if advisors who choose to go with private owners won't regret their decisions in three to five years.
Source: financial-planning.com
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Nicklaus: Merger vaults Buckingham to top tier of wealth management industry
Buckingham is merging with Boston-based Colony Group to create a firm with more than $50 billion under management, making it one of the nation's top 10 wealth-advisory firms.
Source: stltoday.com
Northern lights excitement even better than the pictures
"More than anything, it was an experience to be shared with the other people lucky enough to see such a dazzling and surprising display."
Source: bangordailynews.com
RIA Roundup: Following Record Q1, RIA M&A Sees Even Busier Week
It was a remarkable week in the RIA market, with at least 14 deals announced, two new launches and more than $22 billion in transacted assets.
Source: wealthmanagement.com
DeVoe: Minority Deals on the Decline
Despite the proliferation of minority buyers in the RIA marketplace, the number of minority deals has declined over the last couple years.
Source: wealthmanagement.com