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Foreside Surpasses $160 Billion Mark for ETFs Distributed

Foreside Financial Group, LLC (Foreside), a provider of distribution and compliance solutions to the asset and wealth management industry, today announced that it has surpassed $160 billion in ETF assets distributed on its platform1. Foreside has been working with ETF clients since 2005, supporting multiple fund and firm launches through a comprehensive compliance and distribution platform.

eMoney launches a new name for digital marketing solution: Tech To round up

eMoney launches a new name for digital marketing solution: Tech To round up News Highlights: eMoney launches a new name for digital marketing solution: Tech To round up eMoney says advisor marketing should be like bamboo: strong yet flexible, with rapid growth for little effort. (Photo: Shutterstock) Fidelity Investments’ eMoney Advisor has launched its new digital marketing brand, Bamboo. Bamboo, formerly known as Advisor Branded Marketing, provides advisors with the “tools and resources they need to acquire, retain and engage their customers and prospects,” eMoney said Wednesday. Recommended The name change and rebranding followed “extensive research and reflects a significant evolution of ABM, which was originally launched in 2012,” it noted.

The Financial Advisory Deals This Week

Here are the breakaways, mergers and acquisitions, and appointments announced the week of Jan. 25, 2021. WealthManagement.com | Jan 29, 2021 In a week in which financial (and mainstream) media was largely dominated by the evolving Gamestop/Robinhood/Reddit saga, the M&A market, nonetheless, kept chugging along. Cleveland, Ohio–based MAI Capital announced it is acquiring HW Financial Advisors, an affiliate of accounting firm Howard, Wershbale & Co (HW&Co) in Beachwood, Ohio. Mercer Advisors deepened its hold in the Midwest as it tucked in Marrs Wealth Management, an 11-year-old firm located in Ames, Iowa, according to a company announcement. The Denver-based firm closed the deal on Marrs on Dec. 31, 2020, making it Mercer’s seventh acquisition since November.

Portland financial firm unveils 5th acquisition in 2 years

Foreside Financial Group LLC, a Portland-based provider of customized compliance and technology solutions to the investment management industry, is embarking on its fifth acquisition in two years. A portfolio company of Radnor, Pa.-based private equity firm Lovell Minnick Partners LLC, Foreside said Tuesday that it has agreed to acquire Capital Markets Compliance of Atlanta for an undisclosed amount. Capital Markets Compliance, founded in 1999, provides regulatory guidance to financial services firms that offer securities products through full-service brokerage operations, investment banking and investment advisory services.  As part of the acquisition, CMC’s managing team of Karen Lopez Alvarez and Rick Alvarez, along with 13 employees, will join Foreside.

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