Stratos Wealth Enterprises (Stratos), part of Stratos Wealth Holdings, a family of wealth management firms on a mission to support the development of growth-minded financial advisors across the country, has made a strategic investment in Summit Wealth Partners (Summit), an SEC-registered investment adviser firm that oversees USD600 million in client assets.
Deals & Transactions
Invesco Real Estate has partnered with UBS Global Wealth Management to provide an exclusive, bespoke global real estate investment mandate for UBS’s wealth management clients.
Wealth Enhancement Group, an independent wealth management firm, has acquired Lighthouse Wealth Management, an independent hybrid registered investment adviser (RIA) with USD446 million in total client assets.
JPMorgan Chase is to acquire Nutmeg, a UK-based independent digital wealth manager which serves over 140,000 investors and manages in excess of GBP3.5 billion in assets.
Independent Wealth Planners (IWP), a UK group of independent financial advisers, has acquired Omnium Capital Limited.
Kingswood Holdings Limited (Kingswood) is to acquire Admiral Wealth Management, a North Lincolnshire based Chartered Financial Planning firm, consolidating, and adding scale to its existing presence across North Lincolnshire and Yorkshire.
Fintuity, a UK digital Independent Financial Adviser (IFA) has raised over three million USD of private and institutional investment over the past year to further develop solutions to extend expert financial advice and support those looking to ensure that their financial portfolio is working for them during these difficult times.
Addepar, a technology platform for wealth management, has raised USD150 million from D1 Capital Partners at a pre-money valuation of USD2 billion as part of its Series F financing.
Wedlake Bell LLP and Moon Beever LLP have agreed to merge their businesses with effect from 12 July this year.
BlackRock and iCapital Network expand existing partnership to broaden private market access to wealth managers internationally
iCapital Network and BlackRock have expanded their existing relationship to increase accessibility to private market investments for wealth managers.