Asset Management

AssetMark Expands RIA Presence With Acquisition Of Efficient Advisors And $3 Billion In Client Assets

By Amit Chowdhry ● Today at 11:04 PM

AssetMark Financial announced its plan to acquire Efficient Advisors, an asset management platform overseeing $3 billion in client assets, from Fiduciary Services Group (FSG). The acquisition strengthens AssetMark’s position within the registered investment advisor (RIA) channel and supports its long-term strategy to expand its wealth management capabilities through both organic and strategic growth.

iA Financial Completes Acquisition Of RF Capital Group, Expanding National Wealth Management Platform Beyond $330 Billion In Assets

By Amit Chowdhry ● Today at 11:02 PM

iA Financial has officially completed its acquisition of RF Capital Group, marking a significant expansion of its Canadian wealth management business and strengthening its position as one of the country’s leading non-bank financial platforms.

Cetera: $365 Million Advisor Christian Benard Joins Avantax Network

By Amit Chowdhry ● Today at 10:29 PM

Cetera Financial Group has announced that long-time Commonwealth Financial Network advisor Christian R. Benard, CFP, EA, AIF, has joined its community of tax-focused financial professionals under Avantax. Benard’s firm, Innovative Financial, based in Troy, Michigan, manages approximately $365 million in assets under administration and integrates wealth management with comprehensive tax services.

AE Industrial Partners: National Security Team Expanded With Two VP Hires

By Amit Chowdhry ● Yesterday at 6:40 PM

AE Industrial Partners, a private investment firm specializing in sectors vital to national and economic security, has announced the appointment of two new Vice Presidents, Chris Aguemon and Bill Strobel, to its Washington, D.C. office. The hires mark a continued expansion of AE Industrial’s national security investment team as the firm deepens its presence in defense and technology markets.

Osaic Onboards $143 Million Firm Four Pillars

By Amit Chowdhry ● Yesterday at 5:54 PM

Osaic, one of the nation’s largest providers of wealth management strategies, announced that Four Pillars Investment Management has joined its expanding network of independent advisors. Based in Cape Coral, Florida, the Four Pillars team, led by Investment Advisor John T. Evans, brings approximately $143 million in client assets under management to Osaic. The firm’s team also includes client service associate Pamela Evans and operations support specialist Jennifer Moss.

OneSeven: $8 Billion In AUM Surpassed

By Amit Chowdhry ● Nov 1, 2025

OneSeven, a values-driven wealth management firm focused on helping financial advisors achieve personal, professional, and financial growth, has announced a significant milestone, surpassing $8 billion in total assets under management (AUM) following an exceptional third quarter of expansion.

Sowell Management Partnering With Capital Connect To Bring M&A Advisory Services To Small Business Clients

By Amit Chowdhry ● Oct 30, 2025

Sowell Management, a leading Registered Investment Advisor (RIA) with a nationwide network of financial advisors, has entered into a strategic partnership with Capital Connect to provide a comprehensive suite of M&A advisory and valuation services for small and medium-sized business clients.

Stavis Wealth And Curate Capital Sign Strategic Partnership For Advancing Women’s Financial Empowerment

By Amit Chowdhry ● Oct 30, 2025

Stavis Wealth and Curate Capital have announced a collaboration that unites venture capital and wealth management to transform the future of women’s financial empowerment. Both female-founded and female-led, the partnership aims to close the gender wealth gap by integrating wealth planning with access to venture investment opportunities designed for women founders, investors, and advisors.

OnePoint BFG Wealth Partners Expanding National Footprint With Spahn Financial Partnership

By Amit Chowdhry ● Oct 29, 2025

OnePoint BFG Wealth Partners has announced a strategic partnership with Spahn Financial Partners, a respected advisory firm overseeing approximately $2 billion in assets in the greater Chicago area. This transaction represents OnePoint BFG’s largest to date, establishing a strong presence in the Midwest and advancing its mission to build the next generation of advisor-owned independent wealth management firms.

Ameriprise Financial Onboards $1.6 Billion Firm The Atlantic Group

By Amit Chowdhry ● Oct 29, 2025

Ameriprise Financial announced that The Atlantic Group, a Boca Raton–based advisory practice managing more than $1.6 billion in client assets, has joined its branch channel from Oppenheimer & Co. Inc. The 16-member team includes nine financial advisors and seven support professionals, led by founding partners Andrew Lerner, APMA, AWMA, CFP, ChFC, and Logan Shalmi.

Dynasty Financial: Brian McDonald Appointed As Senior Advisor

By Amit Chowdhry ● Oct 29, 2025

Dynasty Financial Partners has appointed renowned equity compensation leader Brian McDonald as a Senior Advisor, marking a significant addition to the firm’s leadership as it continues to deepen its capabilities in the wealth management and corporate benefits sectors.

Cetera: Private Wealth Portfolios Launched To Serve Affluent and High-Net-Worth Clients

By Amit Chowdhry ● Oct 29, 2025

Cetera Financial Group has introduced Cetera Private Wealth Portfolios, a suite of customizable investment portfolios designed for affluent and high-net-worth clients. Developed by Cetera Investment Management and offered exclusively through the Envestnet Private Wealth platform, the new offering provides advisors with institutional-grade portfolio construction and oversight tailored to complex wealth needs.

Equitable To Buy Stifel Independent Advisors, Expanding National Wealth Management Platform

By Amit Chowdhry ● Oct 28, 2025

Equitable, a leading financial services organization and principal franchise of Equitable Holdings, announced that its affiliate has entered into a definitive agreement to acquire Stifel Independent Advisors, a subsidiary of Stifel Financial. The deal, expected to close in the first quarter of 2026 pending regulatory approvals and customary closing conditions, will further strengthen Equitable’s position in the U.S. wealth management market.

MAI Capital Management: $245 Million Firm Liberty Private Client Onboarded

By Amit Chowdhry ● Oct 28, 2025

MAI Capital Management, a registered investment advisor (RIA) focused on helping clients simplify, protect, and grow their wealth, has announced the acquisition of Liberty Private Client, a Fort Myers, Florida-based RIA managing approximately $245 million in client assets. The deal further strengthens MAI’s growing presence across the Southeast and marks its third Florida-based acquisition in the past year. The terms of the deal were not disclosed.