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RIA M&A: Today, Tomorrow and Next Year talks acquiring advisors, possible bear market - Vimarsana News

RIA M&A: Today, Tomorrow and Next Year talks acquiring advisors, possible bear market

The panelists said they’re still seeing a huge increase in merger and acquisition activity.

Bain Capital buys 29% stake in Carson Group, giving the quasi-independent financial advisory firm a $1 billion valuation - Vimarsana News

Bain Capital buys 29% stake in Carson Group, giving the quasi-independent financial advisory firm a $1 billion valuation

14 Min Read John Eubanks, a director and CFP at Park Sutton Advisors, an investment bank in New York that specializes in financial services firms, says that private equity shops buying minority stakes in advisory firms “is a recurring theme right now.” The investments are attractive, he says, because of the growing profit margins at RIAs, an upswing that has led to “a premium in valuations being paid now.” Independent advisor practices have been in a flurry of mergers and acquisitions for years. “This industry is likely going through the beginning of another growth spurt,” says Da...

Join Us For A Chat With Stevie Ray Vaughan's Nephew - Vimarsana News

Join Us For A Chat With Stevie Ray Vaughan's Nephew

It's been over three decades since we lost a musical legend. When the news surfaced on the untimely passing of Stevie Ray Vaughan in 1990, the musical world and those who followed his brilliant career were stunned beyond belief. I remember hearing the devastating story during the 11 o'clock news and since I worked at a soft rock based adult contemporary format, I was unable to do an on-air tribute to this musical genius. I had the luxury of playing such songs as "Pride and Joy", "Crossfire", "The Things I Used To Do" and his rocking rendition of the nursery rhyme "Mary Had A Little Lamb" w...

Source: wsbs.com
Carson Group Names Ex-TDAI Exec New Chief Marketing Officer - Vimarsana News

Carson Group Names Ex-TDAI Exec New Chief Marketing Officer

Mary Kate Gulick joins the RIA from TD Ameritrade Institutional. The Carson Group has named Mary Kate Gulick as its new chief marketing officer. Gulick, who will report to Jamie Hopkins, managing partner of Wealth Solutions at Carson, previously served as director, digital and content marketing and senior manager of brand and creative with TD Ameritrade Institutional. Prior to that, she also served as marketing operations manager/creative director at IBM. She left TDAI in October 2020 after the merger of TD Ameritrade and Charles Schwab. "One of our primary goals is to help our adviso...

A Local Berkshire Talent Performs For A Worthy Cause - Vimarsana News

A Local Berkshire Talent Performs For A Worthy Cause

A Local Berkshire Talent Performs For A Worthy Cause Since 1887, Dewey Hall has been entertaining audiences as this historic venue in Sheffield, Massachusetts continues to provide top quality performances for local residents and those who frequently visit our tri-state region. The facility is in need of repairs and improvements to continue it's week to week operation and therefore a series of LIVE outdoor concerts will be presented to assist in this all-important task at hand. This Saturday, June 12th Sheffield resident Jeannie Romeo will take center stage. The performance begins at 7 pm a...

Source: wsbs.com