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US in the news: Asset manager buys San Francisco wealth firm

US in the news: Asset manager buys San Francisco wealth firm
international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.

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Wealth Management's Week in M&A | Wealth Management


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. ....

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Rockefeller Capital Management Extends Private Wealth Business Across Central Division, Welcomes Team of Six in San Antonio


Posted on
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Rockefeller Capital Management (“Rockefeller” or the “Firm”) is continuing deliberate growth across the Private Wealth Business, having today announced the firm’s first San Antonio-based team to join in the Central Division.
Martin Lawyer Daniels is led by Elmer Martin, Managing Director and Private Wealth Advisor, Patty Lawyer, CRPC®, Managing Director and Private Wealth Advisor and Brett Daniels, CPWA®, First Vice President and Private Wealth Advisor. The team also includes Associate Vice Presidents and Senior Client Associates Judith Fernandez and Sylvia Hydrick, as well as Client Associate Terry Pawelek. The team comes to Rockefeller from Merrill Lynch Wealth Management and will report to Divisional Director Michael Armondo. ....

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