Industry

Wealth Enhancement Group’s acquisition of Pillar Pacific Capital Management is the firm's first in California and gives it the ability to serve Mandarin-speaking clients.

The mergers, acquisitions and advisor moves you may have missed the week of April 19, 2021.

The stake from Los Angeles–based Leonard Green & Partners will help the $40 billion AUA RIA further expand its market reach.

Sequoia Financial’s latest acquisition increases its AUM to $7B.

Private equity firm Golden Gate Capital approached Avantax last week, Bloomberg reports, but it's unknown whether the firm will consider a deal.

Advisor Services Exchange, the enterprise-level collaboration between Envestnet and Dynasty Financial Partners, is introducing an outsourced CFO capability for all advisors.

The results deal a blow to RIA and investor Ancora, which launched a proxy battle with Blucora, parent of broker/dealer Avantax, in mid-March, seeking four seats on the company's board.

The bank filed a complaint in federal court alleging that the former employees resigned earlier this month and have attracted 48 clients with about $59 million in assets.

UBS recruited two teams with over $1 billion in AUM from Wells Fargo and JP Morgan in Miami.

But they worry about U.S. financial literacy and estate readiness.