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Focus Financial Partners and CI Financial buy huge RIAs


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With wealth management M&A breaking records on multiple metrics, two of the fastest growing RIA aggregators unveiled deals for billion-dollar firms within five hours of each other.
CI Financial struck first on June 28, with the
announcement that the Canadian asset manager and giant entrant to the U.S. wealth management scene is making its
19th RIA acquisition since January 2020 in a deal for Radnor Financial Advisors, a Philadelphia-area firm managing $2.60 billion in client assets. Later, Focus Financial Partners followed up on its
buying Seattle-based Badgley Phelps Wealth Managers, which lists $3.82 billion in assets under management in its latest SEC Form ADV. ....

United Kingdom , United States , Jim Shanahan , Badgley Phelps , Hogan Lovells , Michael Mattise , Angie Herbers , Steve Phelps , Cambridge International Partners , Herbers Co , Radnor Financial Advisors , Focus Financial Partners , Seattle Based Badgley Phelps Wealth Managers , Pennsylvania Based Radnor , President Michael , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது மாநிலங்களில் , ஜிம் ஶ்யாநஹ்யாந் , பேட்லி ஃபெல்ப்ஸ் , ஹோகன் லவ்ல்ஸ் , ஆங்கி மூலிகைகள் , ஸ்டீவ் ஃபெல்ப்ஸ் , கேம்பிரிட்ஜ் சர்வதேச கூட்டாளர்கள் , கவனம் நிதி கூட்டாளர்கள் , ப்ரெஸிடெஂட் மைக்கேல் ,