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
- 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
- Rmb West, LLC's advisors moved to Curi Capital, LLC (Denver, CO): 5 of 6 registered, on the same day
- PK Financial Strategies, LLC's advisors moved to Avantax Advisory Services (Phoenix, AZ): 3 of 4 registered, on the same day
- Ta-Check Financial LTD.'s advisors moved to LPL Financial LLC (Strongsville, OH): 8 of 10 registered, on the same day
- Allmerits Asset Managment, LLC's advisors moved to Allmerits Asset, LLC (Los Angeles, CA): 3 of 3 registered, on the same day
- Karp Capital Management Corporation's advisors moved to Composition Wealth, LLC (Sausalito, CA): 5 of 6 registered, on the same dayDec 31, 2022Firm absorbed (people side)derivedKARP CAPITAL MANAGEMENT CORPORATIONRAUM $994MandCOMPOSITION WEALTH, LLC
- Ginsburg Financial Advisors's advisors moved to Wealth Enhancement Advisory Services, LLC (Oakland, CA): 3 of 3 registered, on the same dayDec 31, 2022Firm absorbed (people side)derivedGINSBURG FINANCIAL ADVISORSRAUM $269MandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Imus Wilkinson Investment Management, LLC's advisors moved to Financial Planning First, LLC (Tucson, AZ): 3 of 3 registered, on the same dayDec 31, 2022Firm absorbed (people side)derivedIMUS WILKINSON INVESTMENT MANAGEMENT, LLCRAUM $194MandFINANCIAL PLANNING FIRST, LLC
- The Advisory Group's advisors moved to LPL Financial LLC (Diamond Bar, CA): 3 of 5 registered, on the same day
- Sfg Investment Advisors, Inc.'s advisors moved to Savant Wealth Management (Doylestown, PA): 3 of 3 registered, on the same dayDec 31, 2022Firm absorbed (people side)derivedSFG INVESTMENT ADVISORS, INC.RAUM $328MandSAVANT WEALTH MANAGEMENT
- Warren Financial Service's advisors moved to EP Wealth Advisors (Exton, PA): 3 of 6 registered, on the same dayDec 22, 2022Firm absorbed (people side)derivedWARREN FINANCIAL SERVICERAUM $366MandEP WEALTH ADVISORS
- AK Financial Group's advisors moved to Private Advisor Group, LLC (Irvine, CA): 3 of 4 registered, on the same dayDec 22, 2022Firm absorbed (people side)derivedAK FINANCIAL GROUPRAUM $148MandPRIVATE ADVISOR GROUP, LLC
- Fure Financial Corporation's advisors moved to Mercer Global Advisors Inc. (Bloomington, MN): 3 of 3 registered, on the same dayDec 21, 2022Firm absorbed (people side)derivedFURE FINANCIAL CORPORATIONRAUM $276MandMERCER GLOBAL ADVISORS INC.
- Sovereign Wealth Advisors, Inc.'s advisors moved to Hightower Advisors, LLC (Bellevue, WA): 3 of 3 registered, on the same dayDec 20, 2022Firm absorbed (people side)derivedSOVEREIGN WEALTH ADVISORS, INC.RAUM $339MandHIGHTOWER ADVISORS, LLC
- Guardian Pointe Private Wealth Management, LLC's advisors moved to Simplyria Advisor Network (Brighton, MI): 4 of 5 registered, on the same dayDec 20, 2022Firm absorbed (people side)derivedGUARDIAN POINTE PRIVATE WEALTH MANAGEMENT, LLCRAUM $30.5MandSIMPLYRIA ADVISOR NETWORK
- Vodia Capital, LLC's advisors moved to Robertson Stephens (Waltham, MA): 3 of 4 registered, on the same day
- PM Wealth Management, LLC's advisors moved to Perigon Wealth Management, LLC (New York, NY): 9 of 10 registered, within 12 daysDec 19, 2022Firm absorbed (people side)derivedPM WEALTH MANAGEMENT, LLCRAUM $666MandPERIGON WEALTH MANAGEMENT, LLC
- American Investment Planners LLC's advisors moved to LPL Financial LLC (Jericho, NY): 3 of 5 registered, on the same dayDec 19, 2022Firm absorbed (people side)derivedAMERICAN INVESTMENT PLANNERS LLCRAUM $34.4MandLPL FINANCIAL LLC
- Liberty Wealth Advisors, LLC's advisors moved to Prime Capital Financial (Naples, FL): 6 of 8 registered, on the same dayDec 16, 2022Firm absorbed (people side)derivedLIBERTY WEALTH ADVISORS, LLCRAUM $1.8BandPRIME CAPITAL FINANCIAL
- Acg Wealth Inc.'s advisors moved to Mercer Global Advisors Inc. (Atlanta, GA): 5 of 6 registered, on the same dayDec 16, 2022Firm absorbed (people side)derivedACG WEALTH INC.RAUM $1.2BandMERCER GLOBAL ADVISORS INC.
- Genwealth Financial Advisors, LLC's advisors moved to Independent Advisor Alliance, LLC (Bryant, AR): 15 of 15 registered, on the same day
- Global Portfolio Strategies, Inc.'s advisors moved to Empower Capital Management, LLC (Hartford, CT): 3 of 5 registered, on the same dayDec 13, 2022Firm absorbed (people side)derivedGLOBAL PORTFOLIO STRATEGIES, INC.RAUM $1.7BandEMPOWER CAPITAL MANAGEMENT, LLC
- Fourthought Private Wealth's advisors moved to Fourthought Financial Partners, LLC. (Venice, FL): 5 of 5 registered, on the same dayDec 9, 2022Firm absorbed (people side)derivedFOURTHOUGHT PRIVATE WEALTHRAUM $1.2BandFOURTHOUGHT FINANCIAL PARTNERS, LLC.
- Beaumont Financial Partners LLC's advisors moved to Beaumont Financial Partners (Needham, MA): 11 of 12 registered, a day apartDec 8, 2022Firm absorbed (people side)derivedBEAUMONT FINANCIAL PARTNERS LLCRAUM $3.0BandBEAUMONT FINANCIAL PARTNERS
- Btr Capital Management Inc's advisors moved to Wealth Enhancement Advisory Services, LLC (Oakland, CA): 4 of 4 registered, on the same dayDec 6, 2022Firm absorbed (people side)derivedBTR CAPITAL MANAGEMENT INCRAUM $1.2BandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Direct Advisors, LLC's advisors moved to Global Retirement Partners LLC (Latham, NY): 3 of 3 registered, on the same dayDec 5, 2022Firm absorbed (people side)derivedDIRECT ADVISORS, LLCRAUM $618MandGLOBAL RETIREMENT PARTNERS LLC
- Bernhardt Wealth Management, Inc.'s advisors moved to Modera Wealth Management, LLC (Mclean, VA): 4 of 4 registered, on the same dayNov 30, 2022Firm absorbed (people side)derivedBERNHARDT WEALTH MANAGEMENT, INC.RAUM $667MandMODERA WEALTH MANAGEMENT, LLC
- Salient Capital Advisors, LLC's advisors moved to Westwood Management Corp (Houston, TX): 8 of 10 registered, on the same dayNov 21, 2022Firm absorbed (people side)derivedSALIENT CAPITAL ADVISORS, LLCRAUM $2.1BandWESTWOOD MANAGEMENT CORP
- Hightower 6M Holding, LLC's advisors moved to Hightower Advisors, LLC (Wichita, KS): 6 of 6 registered, on the same dayNov 19, 2022Firm absorbed (people side)derivedHIGHTOWER 6M HOLDING, LLCRAUM $2.0BandHIGHTOWER ADVISORS, LLC
- Blooom, Inc.'s advisors moved to Morgan Stanley (Leawood, KS): 3 of 4 registered, on the same day
- All Star Financial Inc's advisors moved to All Star Financial (Minneapolis, MN): 5 of 5 registered, on the same day
- Mersberger Advisory Group, LLC's advisors moved to Merit Financial Advisors (Sheboygan Falls, WI): 3 of 3 registered, on the same dayNov 9, 2022Firm absorbed (people side)derivedMERSBERGER ADVISORY GROUP, LLCandMERIT FINANCIAL ADVISORS
- Nca Financial Planners's advisors moved to Sequoia Financial Group, L.L.C. (Mayfield Heights, OH): 10 of 10 registered, on the same dayNov 7, 2022Firm absorbed (people side)derivedNCA FINANCIAL PLANNERSRAUM $759MandSEQUOIA FINANCIAL GROUP, L.L.C.
- Hightower 6M Holding, LLC's advisors moved to Hightower Advisors, LLC (Wichita, KS): 12 of 18 registered, on the same dayNov 4, 2022Firm absorbed (people side)derivedHIGHTOWER 6M HOLDING, LLCRAUM $2.0BandHIGHTOWER ADVISORS, LLC
- Bohmer Kilcoyne Wealth Management, LLC's advisors moved to Wealth Enhancement Advisory Services, LLC (Cincinnati, OH): 3 of 3 registered, on the same dayNov 1, 2022Firm absorbed (people side)derivedBOHMER KILCOYNE WEALTH MANAGEMENT, LLCRAUM $666MandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Reynolds Investment Management Inc's advisors moved to Captrust (Greenville, SC): 4 of 4 registered, on the same dayOct 27, 2022Firm absorbed (people side)derivedREYNOLDS INVESTMENT MANAGEMENT INCRAUM $657MandCAPTRUST
- Jotkoff Financial Services, Inc.'s advisors moved to Osaic Advisory Services, LLC (W Melbourne, FL): 3 of 3 registered, on the same day
- Private Capital Group, LLC's advisors moved to Wealthspire Advisors (West Hartford, CT): 3 of 5 registered, on the same dayOct 26, 2022Firm absorbed (people side)derivedPRIVATE CAPITAL GROUP, LLCRAUM $1.0BandWEALTHSPIRE ADVISORS
- Highland Private Wealth Management's advisors moved to Hightower Advisors, LLC (Bellevue, WA): 12 of 13 registered, within 6 daysOct 25, 2022Firm absorbed (people side)derivedHIGHLAND PRIVATE WEALTH MANAGEMENTRAUM $1.3BandHIGHTOWER ADVISORS, LLC
- Frontier Wealth Management, LLC's advisors moved to Captrust (Leawood, KS): 22 of 24 registered, on the same day
- Executive Wealth Counselors, LLC's advisors moved to Mariner (Pittsburgh, PA): 3 of 3 registered, on the same day
- Herrmann & Cooke Wealth Management's advisors moved to Edelman Financial Engines (Danville, CA): 3 of 3 registered, on the same dayOct 14, 2022Firm absorbed (people side)derivedHERRMANN & COOKE WEALTH MANAGEMENTRAUM $493MandEDELMAN FINANCIAL ENGINES
- Heber Fuger Wendin Inc's advisors moved to Mariner (Bloomfield, MI): 4 of 4 registered, on the same day
- Unfcu Advisors LLC's advisors moved to Copper Financial (New York, NY): 5 of 7 registered, on the same day
- Sheridan Road Advisors, LLC, A Hub International Company's advisors moved to Global Retirement Partners LLC (Northbrook, IL): 11 of 14 registered, within 14 daysOct 11, 2022Firm absorbed (people side)derivedSHERIDAN ROAD ADVISORS, LLC, A HUB INTERNATIONAL COMPANYRAUM $12BandGLOBAL RETIREMENT PARTNERS LLC
- Sadoff Investment Management LLC's advisors moved to Wealth Enhancement Advisory Services, LLC (Milwaukee, WI): 3 of 3 registered, on the same dayOct 7, 2022Firm absorbed (people side)derivedSADOFF INVESTMENT MANAGEMENT LLCRAUM $1.9BandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Eaton Vance Wateroak Advisors's advisors moved to Corient (Boston, MA): 5 of 5 registered, within 6 days
- Triad Investment Management's advisors moved to Merit Financial Advisors (Issaquah, WA): 5 of 8 registered, a day apartOct 4, 2022Firm absorbed (people side)derivedTRIAD INVESTMENT MANAGEMENTRAUM $701MandMERIT FINANCIAL ADVISORS
- Hya Advisors, Inc's advisors moved to Mercer Global Advisors Inc. (Springfield, MO): 7 of 7 registered, on the same daySep 26, 2022Firm absorbed (people side)derivedHYA ADVISORS, INCRAUM $917MandMERCER GLOBAL ADVISORS INC.
- Pinnacle Private Wealth, LLC's advisors moved to Wealth Enhancement Advisory Services, LLC (Burlington, MA): 7 of 8 registered, on the same daySep 22, 2022Firm absorbed (people side)derivedPINNACLE PRIVATE WEALTH, LLCRAUM $820MandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Golden State Equity Advisors, LLC's advisors moved to Ascentis Independent Advisors, LLC (South Coast Metro, CA): 10 of 18 registered, on the same daySep 20, 2022Firm absorbed (people side)derivedGOLDEN STATE EQUITY ADVISORS, LLCRAUM $405MandASCENTIS INDEPENDENT ADVISORS, LLC
- Dixon, Hubard, Feinour & Brown, Inc.'s advisors moved to Cary Street Partners (Richmond, VA): 3 of 3 registered, within 7 daysSep 15, 2022Firm absorbed (people side)derivedDIXON, HUBARD, FEINOUR & BROWN, INC.RAUM $1.6BandCARY STREET PARTNERS
- Palladium Registered Investment Advisors's advisors moved to Cerity Partners LLC (Norfolk, VA): 12 of 12 registered, on the same daySep 2, 2022Firm absorbed (people side)derivedPALLADIUM REGISTERED INVESTMENT ADVISORSRAUM $3.4BandCERITY PARTNERS LLC
- Corbenic Partners, LLC's advisors moved to Mariner (Bethlehem, PA): 3 of 3 registered, on the same day
- Titus Wealth Management's advisors moved to Wealth Enhancement Advisory Services, LLC (Larkspur, CA): 4 of 6 registered, on the same daySep 1, 2022Firm absorbed (people side)derivedTITUS WEALTH MANAGEMENTRAUM $574MandWEALTH ENHANCEMENT ADVISORY SERVICES, LLC
- Woodlands Asset Management Inc's advisors moved to Commonwealth Financial Network (Lufkin, TX): 3 of 5 registered, on the same dayAug 31, 2022Firm absorbed (people side)derivedWOODLANDS ASSET MANAGEMENT INCRAUM $413MandCOMMONWEALTH FINANCIAL NETWORK
- Smart Investor, LLC's advisors moved to Edelman Financial Engines (Roseville, CA): 3 of 6 registered, on the same dayAug 25, 2022Firm absorbed (people side)derivedSMART INVESTOR, LLCRAUM $683MandEDELMAN FINANCIAL ENGINES
- Dixon Hughes Goodman Wealth Advisors LLC's advisors moved to Forvis Mazars Wealth Advisors, LLC (Charlotte, NC): 12 of 20 registered, on the same dayAug 24, 2022Firm absorbed (people side)derivedDIXON HUGHES GOODMAN WEALTH ADVISORS LLCRAUM $2.2BandFORVIS MAZARS WEALTH ADVISORS, LLC
- Dixon, Hubard, Feinour & Brown, Inc.'s advisors moved to Cary Street Partners (Richmond, VA): 10 of 13 registered, within 7 daysAug 22, 2022Firm absorbed (people side)derivedDIXON, HUBARD, FEINOUR & BROWN, INC.RAUM $1.6BandCARY STREET PARTNERS
- Advisor Partners, LLC's advisors moved to Concentric (Walnut Creek, CA): 4 of 4 registered, on the same day