LaSalle St, a family of independent wealth management firms encompassing independent broker-dealer and registered investment adviser (RIA) platforms, has added Stiles Financial Services Inc, a Minnesota-based firm specialising in private wealth management, retirement plan consulting and institutional portfolio services that oversees approximately USD600 million in assets.
Deals & Transactions
Oppenheimer & Co is to acquire San Francisco-based Brandis Tallman, an investment bank specialising in the underwriting and placement of municipal debt for California issuers.
Independent wealth management firm Exencial Wealth Advisors (Exencial) has completed the acquisition of Willingdon Wealth Management (Willingdon).
Tilney and Smith & Williamson have agreed a revised transaction structure for their proposed merger. The merged wealth management and professional services business group will be known as Tilney Smith & Williamson.
Stratos Wealth Enterprises is making a strategic investment in San Diego based, Brown Wealth Management (BWM) which has over USD600 million in advisory AUM.
William Blair, a global boutique with expertise in investment banking, investment management, and private wealth management, has opened a new office in Los Angeles, California, and expanded its private wealth management capabilities with the addition of Walsh, Amar & Associates.
CI Financial Corp (CI) is to acquire a strategic interest in Congress, a Boston-based registered investment advisor firm with USD2.3 billion in assets under administration.
The Charles Schwab Corporation has completed its acquisition of the assets of USAA’s Investment Management Company and has transitioned the underlying brokerage and managed portfolio accounts to Schwab.
Max Matthiessen, a financial adviser providing pensions, insurance and investment advice in the Nordic region, has been acquired by Nordic Capital.
Wealth management solutions holding company Atria Wealth Solutions has successfully closed the acquisition of Western International Securities, Inc.