RIA Edge

Focusing on larger deals, Creative Planning moves into Tennessee with its first acquisition in six months.

Wealth Management Magazine Digital Edition - First Quarter 2023

Despite talk of RIA M&A slowing, the industry announced a bevy of new deals this week, transacting almost $19 billion in client assets.

Falcon, with more than $500 million in assets under management, has made its first acquisition as the firm considers taking on a capital partner.

After years as an 'introducing b/d,' Altruist Clearing goes live this week, the final step in becoming a full-service custodian—the only one, argues CEO Jason Wenk, built from the ground up and exclusively for RIAs.

Ohio-based Clearstead Advisors, a private equity-backed RIA with $28 billion in client assets, has purchased a second trust business.

Mercer CEO Dave Welling says the new brokerage will help it better serve prospective clients and M&A prospects with long-standing commission-based assets at outside broker/dealers.