St. Petersburg, Fla.-based Dynasty Financial Partners. has partnered with Nasdaq Private Market to give private company shareholder clients access to Dynasty's wealth management and advisory services. NPM clients will now have direct access, within the company's NPM SecondMarket Liquidity Platform, to services through Dynasty Connect, a network of independent RIAs with experience working with private…

(Bloomberg Opinion) – Acquisition is in BlackRock Inc.'s genes. Over the years, it has managed to grow and stay relevant through big-ticket predictive purchases. The world's largest asset manager started as a fixed-income shop, then got into stocks followed by exchange traded funds just as the US stock market and the concept of passive investing…

Open, honest and candid discussion about Trump's pick for DOL secretary, CI Financial takeover, Bain Capital closes Envestnet deal, SECURE 3.0 and more. Source link

A Northern California-based firm with about $500 million in assets under management will join Allworth Financial in its ninth acquisition this year, a record annual high for the firm. Ryan Wealth Management serves approximately 800 households and has offices in Yuba City, Calif. and Spokane, Wash. According to Allworth, the move will increase its presence…

Signature Estate & Investment Advisors, the Los Angeles-based registered investment advisor with $23.8 billion in assets, has acquired Beverly Investment Advisors, a Beverly Hills, Calif.-based RIA with approximately $300 million in assets under advisement. With the acquisition, Beverly President and founder Canon Price joins SEIA, where she began her financial services career three decades ago….

A $427 million Northwest Ohio-based firm is joining a Kestra Financial RIA subsidiary from its merger with Edward Jones. The move comes weeks after Kestra recapitalized and private equity firm Stone Point Capital became one of the main stakeholders for the second time. Arc Private Wealth founders Dave Riggenbach, Adam Lublin, Amy Fredritz and Dylan…

DPL Financial Partners, an insurance management platform for registered investment advisors, has received a $23 million investment in a Series C funding round led by Eos Ventures, an insurance-focused venture capital firm. Others included TIAA Ventures and other insurance investors, marking the first investments in the company by insurers. “Having the backing of leading insurers…

Alternative investment manager Stonepeak has launched a dedicated platform for the wealth channel and registered the first fund with the SECStonepeak-Plus Infrastructure Fund LP (SP+ INFRA), targeting high net worth investors with at least $5 million in net worth. SP+ INFRA will be a private blind pool supply fund. There will be no set release…

The uncertain shape and scope of President-elect Donald Trump's proposed tariffs represents the biggest character of the outlook for stocks for 2025, according to Morningstar. Several ETF sponsors have filed to issue new crypto ETFs that offer some buffer protection to lower the overall risk profile, the Financial Times reports. These are among the investment…

Miracle Mile Advisors, a Los Angeles-based registered investment advisor, has acquired Offit Advisors, a Columbia, Md.-based wealth management firm with approximately $194 million in client assets. The deal marks the fourth practice to join Miracle Mile in 2024, bringing its assets under management to $7.4 billion. Offit Advisors was founded in 2018 by CEO Ben…