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Wealth Management
The 10 Largest RIA M&A Deals in 2019
Diana Britton Nov 18, 2019

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1. Mercer Advisors

New Owner: Oak Hill Capital Group

AUM Amount: $16.5 billion

Location: Denver

Date of transaction: September 2019

Acquirer type: Private equity

 

2. Wealth Enhancement Group

New Owner: TA Associates

AUM Amount: $11.8 billion

Location: Minneapolis

Date of transaction: July 2019

Acquirer type: Private equity

 

3. Blue Prairie Group

(L-R): Principal Neal Smith, Associate Sarah Saites and Principal Debbie Lovett, who joined Cerity Partners from Blue Prairie.

New Owner: Cerity Partners

AUM Amount: $11 billion

Location: Chicago

Date of transaction: April 2019

Acquirer type: Large RIA acquirer

 

4. Williams, Jones & Associates

New Owner: Focus Financial Partners/Williams, Jones & Associates

AUM Amount: $6.99 billion

Location: New York

Date of transaction: May 2019

Acquirer type: Strategic aggregator

 

5. Bronfman Rothschild

New Owner: NFP/Sontag Advisory 

AUM Amount: $6.15 billion

Location: Rockville, Md.

Date of transaction: March 2019

Acquirer type: Large RIA acquirer

 

6. South Texas Money Management

New Owner: CAPTRUST Financial Advisors  

AUM Amount: $3.7 billion

Location: San Antonio, Texas 

Date of transaction: August 2019

Acquirer type: Branded acquirer

 

7. LourdMurray

New Owner: HighTower Advisors/LourdMurray

AUM Amount: $3.6 billion

Location: Beverly Hills, Calif.  

Date of transaction: April 2019

Acquirer type: Branded acquirer

 

8. RAA Wealth Management

New Owner: Allworth Financial 

AUM Amount: $2.8 billion

Location: Addison, Texas 

Date of transaction: October 2019

Acquirer type: Branded acquirer

 

9. Green Square Wealth Management

New Owner: HighTower Advisors/Green Square Wealth Management  

AUM Amount: $2.6 billion

Location: Memphis 

Date of transaction: February 2019

Acquirer type: Branded acquirer

 

10. Brookstone Capital Management

New Owner: AmeriLife Group

AUM Amount: $2.35 billion

Location: Wheaton, Ill.

Date of transaction: July 2019

Acquirer type: Other

 

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