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Kestra’s CEO says there are an increasing number of b/ds looking to sell, especially in the current environment, and his firm is interested in adding an employee channel via acquisition.
After the Office of Management and Budget reviews the proposal, it will be published and subject to a comment period, leaving the Trump administration with a tight window to implement it before the presidential election.
A Chicago-based private equity firm gives Captrust a shot in the arm to hunt for larger acquisitions, as well as provide liquidity to some of the firm's 380 current employee shareholders.
Just two weeks after reopening its Atlanta offices, wealthtech vendor Riskalyze closed again to wait out the mayhem that ensued from violent clashes during George Floyd protests.
“We are playing a ton of golf with our clients these days since it allows us to socially distance from our clients while also spending time with them.”
In a remote hearing before the U.S. Court of Appeals for the 2nd Circuit, XYPN attorneys argued the proposal would cause financial harm to financial planners.
Four key trends help explain the increased M&A activity in the RIA space over the past few years and will continue to propel deal-making moving forward.