NewEdge Wealth Welcomes Experienced Wealth Manager Christopher Ayer
November 8, 20243 min
Former Pallas Capital Advisors Senior Vice President Establishes Firm’s First New Hampshire Office
Sequoia Financial Group Acquires Family Asset Management
November 7, 20245 min
Sequoia Financial Group, LLC (Sequoia Financial), an SEC-registered wealth manager with $21.5 billion in assets under management as of Sept. 30, 2024, and Family Asset Management (FAM), a Charleston, South Carolina-based investment advisory firm, announced that Sequoia Financial has acquired FAM. Financial terms were not disclosed. Founded in 2004, FAM is an SEC-registered investment advisor with more than $300 million in assets under management as of Sept. 30, 2024. FAM provides financial planning and investment management services to high net worth clients,...
Ares Capital Corporation Appoints Jim Miller as Co-President
November 5, 20245 min
Michael Smith and Mitch Goldstein Appointed as Co-Chairmen of Board of Directors
Truist hires Kerry Jessani to lead new mid-corporate banking team
November 5, 20244 min
Truist Financial Corporation (NYSE: TFC) today announced it has hired Kerry Jessani as head of mid-corporate banking. Jessani will build and lead a coverage team focused on delivering industry-based expertise and solutions to private and public companies across the U.S. Mid-corporate banking will complement the national investment and corporate banking coverage, research, advisory and capital markets expertise of Truist Securities and bolster Truist’s commercial banking business which operates in some of the most attractive growth markets in the...
Piper Sandler and BC Partners Credit Announce Strategic Alliance
November 4, 20246 min
Piper Sandler Companies, a leading investment bank, and BC Partners Credit, the $8 billion credit arm of international investment firm BC Partners, announced a strategic alliance. The alliance, which leverages the expertise and broad networks of Piper Sandler’s Financial Services Debt Capital Markets team and BC Partners Credit, paves the way for Piper Sandler’s clients across the financial services sector to best access the debt capital markets with customized structures and financing solutions as they grow...
MONECO Advisors Named to Forbes’ America’s Top RIA Firms 2024
November 4, 20243 min
MONECO Advisors, LLC announces its inclusion in the Forbes’ America’s Top RIA Firms 2024 ranking. Dedicated to driving conscious growth, the firm’s Managing Partner, Charlie Rocco, JD/MBA, CFP®, CIMA® comments that: “While others may chase Wall Street profits, we find fulfillment in developing client relationships and providing financial plans that help our clients pursue their milestones and goals. This top industry ranking from Forbes confirms we are on the right track with this approach as we...
Evoke Advisors Acquires Crescent Bay Advisors
October 31, 20244 min
Evoke Advisors (“Evoke”), a $25.3 billion† registered investment advisory firm, announced the strategic acquisition of the business of Crescent Bay Advisors (CBA), a multi-family office. The acquisition will enhance Evoke’s current service offerings and allow the firm to provide a full range of family office services to their clients, which include ultra-high net worth families and individuals. The combined firm is headquartered in Los Angeles with additional office locations in Orange County, California, and West Palm Beach, Florida. Evoke’s Co-Founder and...
DriveWealth Receives European Brokerage License from Bank of Lithuania
October 31, 20244 min
Lithuania will become DriveWealth’s base of operations for its European brokerage partners with plans to expand the team based in Lithuania
Waverly Advisors Acquires Mueller Financial Solutions
October 30, 20243 min
Waverly acquires its second RIA in Colorado
Mission Wealth Announces Merger with JLFranklin Wealth Planning
October 29, 20244 min
Mission Wealth Management, LP announced a merger with JLFranklin Wealth Planning, a premier financial advisory firm founded by Joyce L. Franklin with over $235 million in assets under management. This merger marks the third partnership for Mission Wealth in 2024 and further solidifies its presence in the San Francisco Bay Area. Mission Wealth is thrilled to add Joyce as the firm’s 39th equity partner, welcoming her extensive experience and passion for client service. JLFranklin Wealth Planning was founded in 1999...