News

Hightower will take a stake in Bluerock Wealth Management, an Alpharetta, Ga.-based registered investment investor, its ninth deal this year.

Over half of RIA deals done in the third quarter involved selling firms with $1 billion or more in assets, up from the historic average of 30%, according to DeVoe & Company’s latest RIA Deal Book.

Is this another case of financial elder abuse?

The Covenant deal, Captrust’s seventh this year, brings the RIA more scale in Texas and continues its strategy of combining retirement plan services with wealth planning.