DFX Intelligence
Consolidation
What the advisers themselves reported about M&AWhere this comes fromItem 4 of Form ADV asks whether the adviser is succeeding to the business of another registered adviser and names the firm acquired. It catches asset purchases and mergers where the target’s registration folds into the buyer’s; a stock purchase that keeps the target registered shows instead as a new owner on Schedule A and, later, as a roster exit.Firms absorbed reads the same events from the people side: half or more of a firm’s registered advisors moving to one other firm within fourteen days, which catches acquisitions before, or without, a succession filing.Press-sourced deals, PE sponsors and consolidator platforms are the next cycle.
865 events match
- Equius Partners, Inc.'s advisors moved to Wealth Enhancement Advisory Services, LLC (Novato, CA): 5 of 5 registered, on the same dayApr 28, 2023Firm absorbed (people side)derivedEQUIUS PARTNERS, INC.RAUM $1.0BandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Capital Directions LLC's advisors moved to Savant Wealth Management (Atlanta, GA): 9 of 13 registered, on the same dayApr 25, 2023Firm absorbed (people side)derivedCAPITAL DIRECTIONS LLCRAUM $3.9BandSAVANT WEALTH MANAGEMENT
- Praxia Financial Services, LLC's advisors moved to Longwall Family Office (New Cannan, CT): 3 of 3 registered, on the same dayApr 25, 2023Firm absorbed (people side)derivedPRAXIA FINANCIAL SERVICES, LLCRAUM $58.3MandLONGWALL FAMILY OFFICE
- Bickling Financial Services, Inc.'s advisors moved to Hightower Advisors, LLC (Lexington, MA): 3 of 5 registered, on the same dayApr 21, 2023Firm absorbed (people side)derivedBICKLING FINANCIAL SERVICES, INC.RAUM $735MandHIGHTOWER ADVISORS, LLC
- Yorkbridge Wealth Partners, LLC's advisors moved to Beacon Pointe Advisors, LLC (New York, NY): 4 of 4 registered, within 3 daysApr 21, 2023Firm absorbed (people side)derivedYORKBRIDGE WEALTH PARTNERS, LLCRAUM $1.0BandBEACON POINTE ADVISORS, LLC
- Colorado Financial Management LLC's advisors moved to Lido (Boulder, CO): 6 of 10 registered, within 2 days
- Your Source Financial's advisors moved to Dynamic (Phoenix, AZ): 3 of 3 registered, on the same day
- LPL Enterprise, LLC's advisors moved to LPL Financial LLC (Pittsburgh, PA): 6 of 9 registered, on the same day
- Perspective Financial Services LLC's advisors moved to Thrivent Advisor Network, LLC (Phoenix, AZ): 6 of 6 registered, on the same dayApr 4, 2023Firm absorbed (people side)derivedPERSPECTIVE FINANCIAL SERVICES LLCRAUM $213MandTHRIVENT ADVISOR NETWORK, LLC
- Stonebridge Investment Advisors, LLC's advisors moved to Cambridge Investment Research Advisors, Inc. (Jackson, TN): 3 of 3 registered, on the same dayMar 31, 2023Firm absorbed (people side)derivedCRD 309119andCAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.
- Gofen And Glossberg, L.L.C.'s advisors moved to Corient (Chicago, IL): 11 of 11 registered, on the same day
- Budros, Ruhlin & Roe's advisors moved to Corient (Columbus, OH): 22 of 22 registered, on the same day
- CI Doyle Private Wealth, LLC's advisors moved to Corient (ST Petersburg, FL): 12 of 12 registered, on the same day
- Earth Equity Advisors, LLC's advisors moved to Prime Capital Financial (Asheville, NC): 3 of 3 registered, on the same dayMar 31, 2023Firm absorbed (people side)derivedEARTH EQUITY ADVISORS, LLCRAUM $178MandPRIME CAPITAL FINANCIAL
- Joss Brown Wealth Advisors, LLC's advisors moved to Joss Brown Wealth Advisors (Newport News, VA): 4 of 4 registered, on the same dayMar 31, 2023Firm absorbed (people side)derivedJOSS BROWN WEALTH ADVISORS, LLCRAUM $105MandJOSS BROWN WEALTH ADVISORS
- Dowling & Yahnke, LLC's advisors moved to Corient (San Diego, CA): 20 of 20 registered, on the same day
- Portola Partners's advisors moved to Corient (Menlo Park, CA): 15 of 16 registered, on the same day
- Inverness Counsel, LLC's advisors moved to Corient (New York, NY): 9 of 9 registered, on the same day
- Penn Investment Advisors, Inc.'s advisors moved to Equitable Advisors, LLC (Bala Cynwyd, PA): 5 of 7 registered, on the same dayMar 31, 2023Firm absorbed (people side)derivedPENN INVESTMENT ADVISORS, INC.RAUM $574MandEQUITABLE ADVISORS, LLC
- Kore Private Wealth, LLC's advisors moved to Corient (New York, NY): 10 of 11 registered, on the same day
- Stavis & Cohen Private Wealth, LLC's advisors moved to Corient (Houston, TX): 8 of 8 registered, on the same dayMar 31, 2023Firm absorbed (people side)derivedSTAVIS & COHEN PRIVATE WEALTH, LLCRAUM $754MandCORIENT
- Radnor Financial Advisors, LLC's advisors moved to Corient (Wayne, PA): 14 of 14 registered, on the same day
- Callahan Financial's advisors moved to Oneseven (Cincinnati, OH): 4 of 4 registered, on the same day
- Corient Capital Partners, LLC's advisors moved to Corient (Newport Beach, CA): 8 of 8 registered, on the same day
- Financial Partners Capital Management, LLC's advisors moved to Gyl Financial Synergies, LLC (Aventura, FL): 3 of 5 registered, on the same dayMar 28, 2023Firm absorbed (people side)derivedFINANCIAL PARTNERS CAPITAL MANAGEMENT, LLCRAUM $742MandGYL FINANCIAL SYNERGIES, LLC
- Resolute Financial, LLC's advisors moved to EP Wealth Advisors (Newburyport, MA): 3 of 4 registered, on the same dayMar 28, 2023Firm absorbed (people side)derivedRESOLUTE FINANCIAL, LLCRAUM $444MandEP WEALTH ADVISORS
- Datatex Investment Services Inc's advisors moved to Huntleigh Advisors, Inc. (Clayton, MO): 14 of 23 registered, on the same dayMar 28, 2023Firm absorbed (people side)derivedDATATEX INVESTMENT SERVICES INCRAUM $39.0MandHUNTLEIGH ADVISORS, INC.
- Ailsa Capital, Inc.'s advisors moved to Beacon Pointe Advisors, LLC (Draper, UT): 3 of 3 registered, on the same dayMar 17, 2023Firm absorbed (people side)derivedAILSA CAPITAL, INC.RAUM $210MandBEACON POINTE ADVISORS, LLC
- Meridian Wealth Management LLC's advisors moved to LPL Financial LLC (Boulder, CO): 4 of 5 registered, on the same dayMar 16, 2023Firm absorbed (people side)derivedMERIDIAN WEALTH MANAGEMENT LLCRAUM $514MandLPL FINANCIAL LLC
- Sanford Advisory's advisors moved to Mercer Global Advisors Inc. (Portage, MI): 4 of 7 registered, on the same day
- Wall Advisors, Inc.'s advisors moved to Waverly Advisors, LLC (Lakeland, FL): 3 of 3 registered, on the same day
- Washington Wealth Advisors, LLC's advisors moved to Wealth Enhancement Advisory Services, LLC (Ashburn, VA): 3 of 3 registered, on the same dayMar 10, 2023Firm absorbed (people side)derivedWASHINGTON WEALTH ADVISORS, LLCRAUM $249MandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Caprin Asset Management, LLC's advisors moved to Davidson Investment Advisors, Inc. (Henrico, VA): 5 of 5 registered, on the same dayMar 10, 2023Firm absorbed (people side)derivedCAPRIN ASSET MANAGEMENT, LLCRAUM $1.4BandDAVIDSON INVESTMENT ADVISORS, INC.
- Telarray, LLC's advisors moved to Creative Planning (Memphis, TN): 9 of 9 registered, on the same day
- Cooper Lapman Financial, LLC's advisors moved to Focus Partners Wealth, LLC (Boston, MA): 4 of 4 registered, on the same dayMar 8, 2023Firm absorbed (people side)derivedCOOPER LAPMAN FINANCIAL, LLCRAUM $341MandFOCUS PARTNERS WEALTH, LLC
- Maryland Capital Management, LLC's advisors moved to Cerity Partners LLC (Towson, MD): 14 of 16 registered, on the same dayMar 3, 2023Firm absorbed (people side)derivedMARYLAND CAPITAL MANAGEMENT, LLCRAUM $2.5BandCERITY PARTNERS LLC
- Zeke Capital Advisors, LLC's advisors moved to Sequoia Financial Group, L.L.C. (Berwyn, PA): 8 of 8 registered, on the same dayFeb 28, 2023Firm absorbed (people side)derivedZEKE CAPITAL ADVISORS, LLCRAUM $5.6BandSEQUOIA FINANCIAL GROUP, L.L.C.
- Tri-Star Advisors, Inc.'s advisors moved to Tsa Wealth Management (Houston, TX): 3 of 5 registered, on the same dayFeb 24, 2023Firm absorbed (people side)derivedTRI-STAR ADVISORS, INC.RAUM $55.5MandTSA WEALTH MANAGEMENT
- Sommers Financial Management's advisors moved to Wealthcare Advisory Partners LLC (Scappoose, OR): 3 of 3 registered, on the same day
- Autus Asset Management, LLC's advisors moved to Dynamic (Scottsdale, AZ): 3 of 3 registered, on the same day
- Vintage Financial Services LLC's advisors moved to Mercer Global Advisors Inc. (Ann Arbor, MI): 5 of 6 registered, within 6 daysFeb 23, 2023Firm absorbed (people side)derivedVINTAGE FINANCIAL SERVICES LLCRAUM $771MandMERCER GLOBAL ADVISORS INC.
- Greerwalker Wealth LLC's advisors moved to Choreo, LLC (Charlotte, NC): 3 of 3 registered, on the same day
- Hayes Financial, Inc.'s advisors moved to Mariner (San Jose, CA): 4 of 4 registered, on the same day
- Wescom Financial Services, LLC's advisors moved to Cuso Financial Services, L.P. (Anaheim, CA): 21 of 21 registered, a day apartFeb 6, 2023Firm absorbed (people side)derivedWESCOM FINANCIAL SERVICES, LLCRAUM $226MandCUSO FINANCIAL SERVICES, L.P.
- 1914 Advisors's advisors moved to LPL Financial LLC (West Conshohocken, PA): 22 of 25 registered, within 9 days
- Wealthplan Advisors, LLC's advisors moved to Global Retirement Partners LLC (Scottsdale, AZ): 6 of 7 registered, within 5 daysFeb 2, 2023Firm absorbed (people side)derivedWEALTHPLAN ADVISORS, LLCRAUM $2.3BandGLOBAL RETIREMENT PARTNERS LLC
- Clintsman Financial Planning's advisors moved to Buckingham Strategic Wealth, LLC (Southlake, TX): 7 of 7 registered, on the same dayFeb 1, 2023Firm absorbed (people side)derivedCLINTSMAN FINANCIAL PLANNINGRAUM $509MandBUCKINGHAM STRATEGIC WEALTH, LLC
- Cherry Bekaert Wealth Management LLC's advisors moved to Choreo, LLC (Richmond, VA): 6 of 8 registered, on the same dayJan 25, 2023Firm absorbed (people side)derivedCHERRY BEKAERT WEALTH MANAGEMENT LLCRAUM $569MandCHOREO, LLC
- Ashfield Capital Partners's advisors moved to Cerity Partners LLC (San Francisco, CA): 3 of 3 registered, on the same day
- Petros Advisory Services, LLC's advisors moved to Prosperity Capital Advisors (Jacksonville, FL): 3 of 3 registered, on the same day
- Alpha Financial Planning, Inc.'s advisors moved to Ameriprise Financial Services, LLC (Dublin, OH): 3 of 3 registered, within 7 days
- Harrington Asset Management Inc's advisors moved to Osaic Wealth, Inc. (Dublin, OH): 4 of 5 registered, on the same dayJan 5, 2023Firm absorbed (people side)derivedHARRINGTON ASSET MANAGEMENT INCRAUM $220MandOSAIC WEALTH, INC.
- Enso Wealth Management, LLC's advisors moved to Choreo, LLC (Petaluma, CA): 11 of 14 registered, on the same day
- TW Advisors's advisors moved to Journey Advisory Group, LLC (Centerville, OH): 3 of 3 registered, on the same day
- Asset Advisory Group Inc's advisors moved to Mercer Global Advisors Inc. (Cincinnati, OH): 3 of 3 registered, on the same dayJan 3, 2023Firm absorbed (people side)derivedASSET ADVISORY GROUP INCRAUM $399MandMERCER GLOBAL ADVISORS INC.
- HM Capital Management, LLC's advisors moved to Onedigital (Clayton, MO): 5 of 5 registered, on the same day
- Mcgervey Wealth Management, LLC's advisors moved to Mariner (Canton, OH): 4 of 4 registered, a day apart
- World Trend Financial Planning Services, LTD.'s advisors moved to Savant Wealth Management (Cedar Rapids, IA): 8 of 8 registered, on the same dayDec 31, 2022Firm absorbed (people side)derivedWORLD TREND FINANCIAL PLANNING SERVICES, LTD.RAUM $730MandSAVANT WEALTH MANAGEMENT
- Ntb Advisors, A Division OF Ntb Financial Corporation's advisors moved to Momentum Independent Network Inc. (Highlands Ranch, CO): 6 of 10 registered, on the same dayDec 31, 2022Firm absorbed (people side)derivedNTB ADVISORS, A DIVISION OF NTB FINANCIAL CORPORATIONRAUM $250MandMOMENTUM INDEPENDENT NETWORK INC.
- Tree City Advisors, LLC's advisors moved to Apollon Wealth Management, LLC (Boise, ID): 4 of 5 registered, on the same dayDec 31, 2022Firm absorbed (people side)derivedTREE CITY ADVISORS, LLCRAUM $188MandAPOLLON WEALTH MANAGEMENT, LLC