The move signals the escalation of the convergence of wealth, retirement and benefits at work.

As RIAs grow at record rates, it's important to keep pace.

Merchant provided capital to become a minority investor in Southwestern Investment Group, as well as the debt facility for the principals and their advisors to buy their shares from the hybrid RIA's parent company.

Commonwealth is now structuring its forgivable notes for new advisors as basis points on the advisors' assets, rather than their production—another sign it continues to see itself as a national RIA.

The RIA services platform, launched in 2010, hopes to raise up to $100 million in its initial public offering, according to an SEC filing.

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.

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.

Even while it remains partnered with Onramp Invest and Eaglebrook Advisors, Gemini is buying its own wealth management–focused crypto platform, BITRIA.

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