Asset Management

Leon Capital Group Launches Transaction Advisory Services Practice And Names Kevin Muskat to Lead

By Amit Chowdhry ● Jan 2, 2026

Leon Capital Group, a diversified holding company for a privately owned group of entities, has launched a new Transaction Advisory Services (TAS) practice and appointed industry veteran Kevin Muskat to lead the effort from Dallas.

MetLife Investment Management Closes PineBridge Acquisition, Creating A $734.7 Billion Global Asset Manager

By Amit Chowdhry ● Jan 2, 2026

MetLife Investment Management (MIM), MetLife, Inc.’s institutional asset management business, said it has completed its acquisition of PineBridge Investments, combining the firms into a platform overseeing $734.7 billion in assets under management on a pro forma basis as of September 30, 2025.

Wealth Enhancement Partnering With $240 Million Firm Ascent Private Wealth

By Amit Chowdhry ● Jan 2, 2026

Wealth Enhancement announced it will join forces with Ascent Private Wealth, a Spartanburg, South Carolina-based hybrid registered investment advisor overseeing more than $240 million in client assets, expanding Wealth Enhancement’s footprint in the Southeast and pushing its total client assets above $132.7 billion.

Cetera Onboards $250 Million Firm Guided Financial Strategies

By Amit Chowdhry ● Dec 26, 2025

Guided Financial Strategies, a San Diego-based advisory firm overseeing about $250 million in assets under administration, has transitioned to Cetera Financial Group after more than two decades affiliated with LPL, according to an announcement from Cetera. The practice is led by veteran advisors Rick Dickinson and founder Alan Hughes and will join Cetera’s Summit Financial Networks community, which the firm said will support its next phase of expansion through both organic growth and advisor recruiting.

OnePoint BFG Wealth Partners Reports 2025 Growth Milestones, Expands Leadership Team and National Platform

By Amit Chowdhry ● Dec 26, 2025

OnePoint BFG Wealth Partners announced it delivered a year of accelerated growth and organizational change in 2025, highlighted by a major increase in assets under management, a firmwide rebrand, leadership additions, acquisitions, and continued geographic expansion.

Osaic Onboards $1.1 Billion Veater Financial Group Into Empowered Independence W-2 Channel

By Amit Chowdhry ● Dec 23, 2025

Osaic announced Veater Financial Group, a California-based financial planning firm overseeing about $1.1 billion in assets under advisement, has joined the company’s Empowered Independence channel, shifting the practice into a W-2 employee model as it pursues additional scale and long-term growth.

Wealth Enhancement Acquires Spectrum Wealth And Putman Group, Pushing Total Client Assets Past $131.2 Billion

By Amit Chowdhry ● Dec 23, 2025

Wealth Enhancement said it has acquired Spectrum Wealth Management, an independent registered investment advisor based in Irvine, California, along with Spectrum’s affiliated tax practice, certified public accounting firm Putman Group. The deal expands Wealth Enhancement’s integrated wealth management offerings with added tax planning capabilities. And it increases the firm’s overall scale, bringing total client assets to more than $131.2 billion after including previously announced acquisitions and the Spectrum transaction.

EP Wealth Acquires $218 Million Firm Clearview

By Amit Chowdhry ● Dec 17, 2025

EP Wealth Advisors has acquired Clearview Wealth Advisors, a planning focused registered investment advisory firm serving clients across the Pacific Northwest and the Phoenix metropolitan area, as EP Wealth continues expanding its national footprint through strategic partnerships. EP Wealth said the deal adds nearly $218 million in assets under management and brings the Clearview team into EP Wealth’s Phoenix region, where it will gain access to expanded planning, tax and investment resources.

Invesco Partners With LGT Capital Partners To Bring Multi-Alternative Private Markets Solutions To Investors

By Amit Chowdhry ● Dec 16, 2025

Invesco has entered a strategic partnership with LGT Capital Partners to develop multi-alternative private markets solutions to expand access for U.S. wealth and retirement investors. The firms said the initial focus will be on the U.S. wealth and retirement channels, positioning the collaboration to simplify access to private markets through portfolio solutions and investor education.

Integrated Partners Adds $200 Million Firm Morrison Nordmann Wealth Management To Expand Michigan Presence

By Amit Chowdhry ● Dec 16, 2025

Integrated Partners said Morrison Nordmann Wealth Management has joined its national financial planning and registered investment advisory platform, bringing an approximately $200 million client asset base to a firm that reports more than $23.8 billion in assets under advisement. Morrison Nordmann is based in Lansing, Michigan, and is led by President Matt Nordmann and Managing Director Scott Morrison.

Mercer Acquires $130 Million Firm McConnell Financial Advisors To Expand Presence Across Boise And Sun Valley

By Amit Chowdhry ● Dec 16, 2025

Mercer Global Advisors, Inc., operating as Mercer Advisors, said it has acquired McConnell Financial Advisors, a Boise, Idaho-based boutique financial planning firm with approximately $130 million in assets under management. The deal expands Mercer Advisors’ footprint in Idaho, including its reach across Boise and its growing client base in Sun Valley, and builds on the firm's existing presence in both markets.

Osaic: Shannon Reid Named As President And Head Of Advisor Growth And Engagement

By Amit Chowdhry ● Dec 16, 2025

Osaic said Shannon Reid will join the firm as President of Osaic and Head of Advisor Growth and Engagement, taking on the President role on Jan. 12, 2026, and reporting to CEO Jamie Price. Price had been serving as President alongside his chief executive duties.