United Capital Snaps Up $332 Million RIA

United Capital Snaps Up $332 Million RIA

Nicolas Knapik, MBA Nicolas Knapik, MBA

Nicolas Knapik, MBA

Wealth Advisor at Avidian Wealth Solutions

Published May 5, 2016
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May 5, 2016


United Capital Financial Advisers has acquired RIA firm HFI Wealth Management, WealthManagement.com writes. And now that it is offering a white-label version of its financial management software, the firm says it will be more ever-more selective in its acquisition strategy, reports the website.

 As previously reported, United Capital launched a white-label version of its FinLife technology platform to outside firms in March. And as it “takes off,” Matt Brinker, head of national partner development at United Capital, tells WealthManagement.com the firm’s “selectivity is going to go up a couple notches.”

According to Brinker, United Capital will focus on actively growing RIAs as well as geographic markets poised for growth, seeking sub-acquisitions and access to talent, WealthManagement.com reports.

By Alex Padalka

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