Articles tagged "Park Sutton Advisors"


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Focus Financial's 'extraordinary' purchase of $16B-AUM SCS Capital and what Stone Point -- both buyer and seller in the deal -- may do to juice its investment

With Stone Point CEO Charles Davis now calling the shots, the RIA roll-up tacks to UHNW-directed RIAs, perhaps for their positioning in selling insurance

May 17, 2017 — 9:06 PM UTC

City National sells off salvaged remains of Convergent Wealth Advisors, but not before Convergent sheds nearly $7 billion of AUM

After a trifecta of traumas, Mark Hurley steps in to fund and help construct deal with Pathstone and PagnatoKarp; cuts a deal with four younger advisors to start segmented division

September 13, 2016 — 5:26 PM UTC

With a reminiscent fire, Elliot Weissbluth personally leads a new charge to buy RIAs

The CEO of HighTower, with a big assist from Liz Nesvold and a $150 million line of credit, is on the prowl for large practices

March 18, 2016 — 4:44 AM UTC

Two RIA M&A firms merge -- sort of -- when they're not competing head-to-head

Park Sutton and Advice Dynamics Partners are trying out the power of two, without too much heavy paperwork

January 19, 2016 — 6:20 PM UTC

An $8.4 billion wealth manager emerges in Milwaukee after old RBC spinoff, Cleary Gull, finds local love

Johnson Financial Group adds 40 advisors and $2.1 billion but does a reverse branding merger

January 7, 2016 — 10:47 PM UTC

Why the PE that helped take LPL public now controls Edelman Financial and plans to invest more heavily

Hellman & Friedman has assumed lead-player status from Lee Equity Partners, the latest move in key-man Ric Edelman's uphill quest to make himself obsolete

October 12, 2015 — 11:26 PM UTC

After pocketing $5.2 million in 2014 comp as Ally Bank CEO, Barbara Yastine joins Lebenthal as Frank Campanale exits

Alexandra Lebenthal takes the co-CEO role of the wealth manager and she intends to woo more female advisors

September 21, 2015 — 10:01 PM UTC

Why a suburban New Jersey bank and a white-shoe $1.3 billion RIA found love in Morrristown

A lousy lending market is stunting Beacon Trust's revenues; enter The MDE Group with its revenue-rich 200 ultra-wealthy clients

January 28, 2015 — 8:54 PM UTC

Wanted: New CEO for Edelman Financial whose name is not Ric Edelman

As Edelman grooms his firm for a sale, the timetable to replace himself at the chief exec spot fast-forwards by years

January 23, 2015 — 8:40 PM UTC

As Boston Private and Banyan Partners merge, the Big Three roll-ups become the Big Four

Banyan's Peter Raimondi will lead the combined entity that could morph into a fearsome acquirer

July 17, 2014 — 4:23 AM UTC

After more than two years of radio silence, Mark Hurley pings with a stake-taking in an under-the-radar RIA

The writer of firebrand reports describes his own company as 'boring' -- questionably -- but lately has lived up to his billing

August 23, 2013 — 5:15 PM UTC

Banyan reels in two more RIAs pushing its assets across the $4 billion line -- now comes the challenge

Peter J. Raimondi gets closer to his dream of creating a national firm with acquisitions of firms with a combined billion in AUM

August 23, 2013 — 5:14 PM UTC

Fidelity's M&A program reload looks 'game-changing' after it partners with a middleman to get Uncle Sam to guarantee RIA deals

The piece de resistance is a maverick-owned North Carolina bank with an RIA-savvy ex-Schwabbie and software that fights SBA red tape

June 20, 2013 — 5:53 AM UTC

A $1 billion RIA in the NY burbs got there without marketing now Focus Financial is assigned the makeover

Portfolio Strategy Group sells to the New York-based RIA umbrella and a website is the first order of business

February 1, 2013 — 6:32 AM UTC

The RIA M&A market stumbled in 2012, but giants were not deterred, Schwab end-of-year data shows

M&A activity still sickly slow by some reckonings, but harbingers of mating activity abound

January 28, 2013 — 4:34 PM UTC