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A round-up of people moves and M&A deals across North America M&A Wealth Enhancement Group The independent wealth management firm has acquired Financial Wealth Management, a hybrid registered investment adviser (RIA) firm based in Madison, Wisconsin. Financial Wealth Management consists of the father-son adviser team of founder Dan Hyland and senior vice president Kyle Hyland. The practice offers comprehensive wealth management services, including retirement and financial planning for individuals and small businesses. The financial terms of the transaction, which is expected to close in the fourth quarter of 2020, were not disclosed. Fischer & Company The Hightower subsidiary will merge with Stralem & Company, a wealth management firm in New York, to create the newly combined Hightower advisory business, Fischer Stralem Advisors. ....
Biliter Joins First Citizens Investor Services as President First Citizens Wealth Management Raleigh, North Carolina, UNITED STATES RALEIGH, N.C., Dec. 14, 2020 (GLOBE NEWSWIRE) First Citizens Bank announced today that David Biliter has joined the company as president of its registered broker-dealer First Citizens Investor Services, Inc. (FCIS). In his role as president, Biliter’s responsibilities include the overall management, technology platform oversight and client experience enrichment of a bank broker-dealer with more than 176 associates (about 72 registered advisors) and $10.1 billion in assets under management. He is based at the company’s headquarters in Raleigh, N.C. “We’re extremely pleased to have David’s extensive background and industry knowledge at FCIS,” said Michael Wilson, First Citizens Wealth Management Executive. “He brings a proven track record of exceptional results. His leadership and talents co ....