Sammons Financial Group, a privately held insurer based in West Des Moines, Iowa, has acquired Beacon Capital Management, a Dayton, Ohio-based registered investment adviser and turnkey asset management program provider managing $3 billion in assets.
Sammons described the deal as a “strategic move to expand into the growing adviser marketplace.”
[More: TAMPs consolidate to compete]
The transaction is expected to close early in the second quarter.
Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.
Whichever path you go down, act now while you're still in control.
Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
Streamline your outreach with Aidentified's AI-driven solutions
This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
