RIA News

Also this week, DSJ has created a new RIA, Buckingham picked up a Detroit firm, Atria poached an Osaic team with $420 million, and St. Louis-based Krilogy announced three acquisitions in 2023.

Featured in Pt. 1 of this week’s roundup: Rockefeller Global Family Office, MAI Capital Management, The AmeriFlex Group and Private Advisor Group.

Captrust completed nine deals last year; four of them were in the Lone Star State.

Lido is the third firm to partner with Karl Heckenberg’s new RIA investment company since December and the second this week.

Deal volume dropped for the first time in more than a decade, as average deal size increased and private equity continued to play a major role.

The Birmingham, Ala.-based team of four managed $420 million at the wirehouse before going independent with Dynasty Financial Partners.

Karl Heckenberg’s new RIA investment firm has taken a minority stake in Perigon, as Merchant Investment Management exits.

The $300 million multi-family office with an all-female staff joins Summit's equity partnership platform.

At least 10 deals, representing more than $8 billion in transacted assets, were announced this week along with a rebrand and two RIA launches.

The $2 billion AUM Stafford Schauer Private Wealth Team joins Arax's Ashton Thomas Private Wealth from Deutsche Bank.