Main Street Financial Life Advisors, founded in 1999 by J. Joseph Roman, is based in Moorestown, New Jersey.
Hellman & Friedman, which bought a stake in Edelman in 2015 and combined it with Financial Engines in 2018, will remain majority shareholder.
Less than a week after notching its 15th deal in as many months, Toronto-based CI Financial announced the acquisition of an Atlanta-based RIA with $4.7 billion in client assets.
Financial advisers are embracing a more virtual form of communicating with clients and colleagues to the point where most don’t expect to ever go back to sitting behind a desk in a traditional office.
The financial services industry relied on technology and innovation to adapt and keep business running throughout the pandemic, and should continue to embrace much of what was learned.
The Toronto mega-buyer continues to gobble up U.S. wealth managers at a record clip. Once the deal closes, CI is expected to have approximately $50 billion in U.S. assets and total assets of $212 billion.
Seller of the San Diego-based firm describes Mercer leaders as 'Batman and Batman.'
The marketplace for RIA M&A networks is currently overrun with players — from brand-new entrants from outside the U.S. to well-established RIAs. Over the past 15 years, the RIA aggregator market has taken off.
A three-adviser, three-associate team is joining the firm in San Antonio.
Unique Wealth in St. Petersburg, Florida, has affiliated with Dynasty Financial Partners and will use Pershing as its custodian.
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Merchant Investment Management will own a minority share of the $850 million New Jersey-based registered investment adviser.
Latest benchmarking study shows compensation representing 74% of RIA expenses and growing by 4% annually.
Oregon’s Price Financial Group will use Carson's resources, including infrastructure and technology.
The pair of advisers in Denver marks the registered investment advisory firm’s first foray into Colorado.
InvestmentNews webcast discusses SEC Chair nominee Gary Gensler’s potential agenda and other regulation the Biden administration will push to benefit investors and consumers.
With M&A in the RIA space setting records, the focus turns naturally to the seemingly irreversible influence of private equity money.
Firm head and former Trump economic adviser share ‘love of free markets’
'Our pipeline is excellent,' said CEO Rudy Adolf during a conference call Thursday morning. 'Quite frankly, in many ways, we are busier than ever.'
The principals of The Berry Group, which is based in Worcester, will join the firm as partners.
