WealthManagement Edge

Recent filings with the SEC indicate that the Kingswood/Wentworth deal is on track to close early this year, despite the difficult environment for SPACs.

Most firms believe the M&A market will cool in the coming year but have high expectations for their own growth.

From intro to announcement, the transition to Kestra’s RIA acquirer was surprisingly easy, firm leaders said.

Two deals last week expanded Robertson Stephens' presence on both coasts while adding an additional $370 million in client assets.

Industry observers say signs indicate this was a strategic decision by Schwab to invest in the RIA space, as a way to diversify its revenue amid margin compression.

Private equity firm Abry Partners is also a new investor. Dynasty, abandoning plans to go public, said it is pulling its S-1 registration with the SEC.