Ron Demmers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wealth Management’s Week in M&A
A succinct summary of the mergers, acquisitions and movements in the wealth management industry over the first week of March.
The first week of March saw a flurry of movement among advisors and the assets they manage. In the wealthtech space came news of Betterment’s purchase of Canadia-based Wealthsimple’s U.S. business.
The RIA space saw more consolidation as Wealth Enhancement Group announced its acquisition of North American Management, a firm managing $1.75 billion in assets, to build out additional services for ultra-high-net-worth clients. It also saw new firms crop up as Dynasty Financial Partners helped a former Bank of America Merrill Lynch team that managed $1.2 billion get their bearings as a new independent firm. Snowden Lane also captured a Miami-based team from a major bank. It announced it recruited Armando Ureña of Ureña Wealth Management and his team from Wells Fargo. ....

United States , San Antonio , Janet Mabry , America Merrill Lynch , Michael Stradt , David Swift , Brett Daniels , Elmer Martin , Robasciotti Philipson , Maggie Loe , Lisa Ladds Doche , Kathleen Adams , Dehaven Becker , Melissa Ochoa , Ron Demmers , Steward Partners Adds First Colorado Team , Raymond James Financial Services To Sanctuary Wealth , Demmler Associates , Raymond James Financial Services , Royal Alliance , Ashton Thomas Private Wealth Network , Doche Financial Consulting Group In Scottsdale , Axiom Financial Strategies Group , M Team Departs Merrill , Team In Scottsdale , Wells Fargo ,