The leading RIA’s acquisitions include its first office locations in Wisconsin and Tennessee. Beacon acquired 14 firms in 2021, compared with four deals the previous year.

The funding will help Facet Wealth continue to grow its business, targeting the segment of the market that has never worked with a financial advisor.

Perry Santillo and co-conspirators defrauded approximately 1,000 investors out of more than $100 million, according to the Justice Department.

Luke Barbalich was a client of Biondo Investment Advisors for 20 years. Now, he’ll sit on the other side of the table as an advisor at the $800 million RIA.

A third of the new managing directors are women, and 10% are Black.

Investors poured a net $104 billion into ETFs in the three months ended Dec. 31 -- a record for the company.

Captrust continues to build out its institutional business with its acquisition of Portfolio Evaluations Inc., a Warren, N.J.–based firm with more than $107 billion in AUA, its third significant deal in that market.

Not all firms participate equally in the M&A frenzy. Successful firms—both buyers and sellers—share these characteristics.