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The deal with Fishman Block + Diamond will expand Cerity’s tax advice service in the Los Angeles area.

An Ohio-based trio of advisors managing about $995 million joined Raymond James from Merrill Lynch, while Beacon Pointe Advisors snagged two teams in Boston and Dallas totaling more than $600 million.

H.M. Payson & Co., a 170-year-old firm with a trust company, will represent Corient's first Maine location.

The addition of Roth Asset Management is the 30th deal since Wealth Partners Capital Group took a minority stake in December 2020.

The move follows Rich Steinmeier's promotion from managing director to CEO, replacing Dan Arnold, who was terminated for cause on Oct. 1.

Since forming in late 2023, Constellation has made eight investments in firms, including one earlier this month in Cresset.

According to one expert, President-elect Donald Trump’s SEC Chair nominee may pursue cases where there is “fraud or harm” to investors rather than situations where firms fail to follow compliance policies.