WealthManagement Edge

The upcoming offering will allow CI to split its Canadian and U.S. businesses and help pay down $3 billion in debt. Ultimately, however, the markets will determine the IPO date, the firm says.

Firm plans to cut leverage in half as its takes US unit public.

Boutique portfolio management firm in Oklahoma further expands the insurance giant’s wealth advisory arm.

It represents one recent example of venture capital’s bet on the human side of wealth management.

Mississippi-based WealthPartners sought the sale to support growth and education after 12 years on the Kestra Financial platform.

Available capital will support 'flood' of recruits in new year.

Based in Little Rock, Gutierrez Wealth Advisory principals oversaw nearly $1 billion at the wirehouse.

Focus CEO Rudy Adolf says the firm is well positioned to take advantage of a larger trend, where M&A activity is stronger among small and mid-sized RIAs.