M&A

Captrust went from runner-up in a transaction to buy Column Capital Advisors to stealing the seller's hearts. Here's how a home office visit made all the difference.

The deal, which closed Oct. 31, adds 17 financial advisors and marks the RIA acquirer's fourth purchase under its new ownership.

The RIA consolidator hit the milestone with the addition of an Indianapolis wealth manager.

One of the largest RIAs in the country is adding another purchase to its hot streak of acquisitions, which included the former United Capital from Goldman Sachs.

A handful of insurance companies are remaining in the adjacent field or boosting their holdings, even as many of their rivals sell off most of their advisory businesses.

The former United Capital is losing out on new leads from one of the major sources while folding into a firm known for tapping into the former TD program.

Avantax's parent had sued two firms owned by its future buyer and one of its major branches prior to the agreement to go private in a billion-dollar acquisition.

The leaders of the group specializing in serving high net worth families were seeking to run their business entirely on a fiduciary basis.

A new Cerulli report found that the 10 largest broker-dealers hold 58% of retail AUM, in the wake of rapid consolidation among the top 25 BDs.

The banking and brokerage firm's income also suffered from clients moving money into high-interest-paying money markets.