M&A
CI Financial Buys Chicago RIA and Asset Manager Overseeing $23 Billion
The addition of Segall Bryant & Hamill, an RIA and institutional asset manager, brings Canada-based CI’s total U.S. assets to $46.1 billion.
Mercer Buys Iowa RIA Managing $215 Million
Purchase of Ames, Iowa-based Marrs Wealth Management by Mercer Global Advisors in December was the RIA rollup’s sixth closing that month.
RIA Deal-making Hits Record Despite Pandemic
An Echelon Partners report says the 124 deals done in the second half of 2020 made it ‘by far the most active period’ in the industry’s history.
Mercer Extends RIA Acquisition Spree with Washington State Deal
Purchase of Spokane-based Hart Capital Management by Mercer Global Advisors in December was the RIA rollup’s fifth closing that month.
Mercer Snaps up $800 Million-Plus RIA in Oregon
Purchase of Portland, Oregon-based McGee Wealth Management is Mercer’s third announced in the past week.
