WealthManagement.com’s Post

Wealth advisory firm Carson Group, with $38 billion in assets under management, has fully acquired Carson Wealth Cedar Rapids, including their Las Vegas office. The partnership will expand the firm’s longstanding relationship with Carson and allow the offices, led by Russ Nieland, to focus on client service and identifying areas for business growth. The newly formed Carson Wealth location will manage approximately $1 billion in AUM.   Carson Wealth Carson Group Russ Nieland CFP®, AIF® Burt White Matt Friedrichsen Dan Tobin Daniel Applegarth Teri Shepherd #CarsonGroup #financialservices #wealthadviser #CarsonWealthCedarRapids #LasVegas #retirementplanning #wealthmanagement #fiduciary #acquisition #partnership #Iowa

We continue to see strong momentum in RIA M&A activity, reflecting a transformative period of consolidation and growth. As market dynamics evolve and competitive pressures rise, RIAs are increasingly turning to M&A as a strategic pathway to scale, enhance operational efficiency, and meet the growing demands of an aging client base. Private equity-backed firms, larger consolidators, and strategic buyers are capitalizing on favorable market conditions, creating a thriving M&A environment.

Bluerock entered into a definitive agreement for an investment in, and strategic partnership plans with The Townsend Group. Bluerock will make a minority interest investment in the acquisition of Townsend as part of an investor group led by The Riverside Company, which is acquiring Townsend from Aon. Bluerock The Townsend Group The Riverside Company Anthony Frammartino #Bluerock #TheTownsendGroup #partnership #realestate #innovation #privatewealthchannel #alternativeinvestments

For at least the fourth year in a row, FP’s annual list of the biggest transitions to new brokerages, parent firms or investors is putting those of the prior 12 months in a much smaller context. When individual advisors or teams face a decision about whether to stay through a transition to a new brokerage or parent firm, the possible retention bonus is “important, but it’s not the most important” factor, according to recruiter Jodie Papike Sladavic of Cross-Search. “Consolidation always creates movement, and we've seen a ton of that this year. A lot of times when a firm is absorbed or purchased, advisors look at that new ownership and say, ‘Is this a good fit for me?’” said Papike, citing considerations such as product mix, business model or client niches. “It doesn't matter how much money they're being offered to go to that new firm. If it's not a good fit, they're not going.” #financialadvisors #mergersandacquisitions #wealthmanagement #brokers

MarshBerry is confident about wealth advisory M&A activity throughout the rest of the year (despite a slower August). What’s driving this positive outlook? Find out in my colleague John Orsini's blog post on Today’s ViewPoint, including the latest numbers on transactions, buyers, and deal highlights. Kim Kovalski Rob Madore Brandon Helms #MarshBerry #WealthAdvisor #RIA #PrivateEquity #MergersandAcquisitions https://lnkd.in/gjcs_aj8

What’s the private equity dealmaking outlook for the remainder of 2024?️ EisnerAmper talks with Michael Petrizzo of Saul Ewing LLP about dealmaking trends, best practices, Letters of Intent, and M&A due diligence. Tune in here: https://okt.to/28sCaX #PrivateEquity #Dealmaking #MergersAndAcquisitions

You can satisfy some advisers all of the time, and all advisers some of the time. But the latest CoreData research suggests Count has pulled off the feat of satisfying almost all of its advisers all of the time. It’s done this while integrating two acquisitions and managing three distinct communities of advisers under the one roof. Count CoreData Group Hugh Humphrey #coredata #count #affinia #diverger #paragem #count #financialadvisers #financialplanning #financialservices

What’s the private equity dealmaking outlook for the remainder of 2024?️ EisnerAmper talks with Michael Petrizzo of Saul Ewing LLP about dealmaking trends, best practices, Letters of Intent, and M&A due diligence. Tune in here: https://okt.to/JEFmng #PrivateEquity #Dealmaking #MergersAndAcquisitions

What’s the private equity dealmaking outlook for the remainder of 2024?️ EisnerAmper talks with Michael Petrizzo of Saul Ewing LLP about dealmaking trends, best practices, Letters of Intent, and M&A due diligence. Tune in here: https://okt.to/61Prhb #PrivateEquity #Dealmaking #MergersAndAcquisitions

What’s the private equity dealmaking outlook for the remainder of 2024?️ EisnerAmper talks with Michael Petrizzo of Saul Ewing LLP about dealmaking trends, best practices, Letters of Intent, and M&A due diligence. Tune in here: https://okt.to/a2FzGK #PrivateEquity #Dealmaking #MergersAndAcquisitions