The advisor moves, acquisitions and mergers you may have missed the week of June 6 to 11, 2021.: This week in wealth management deals saw Steward Partners sell a minority piece of its firm to the Pritzker Organization, an investment firm for the heirs to the Hyatt Hotel fortune, the Pritzker family. The Pritzker Organization invested $100 million into Steward and will be taking up two seats on Steward’s board of directors. Protective Life Holdings, parent company of insurance company Protective Life, consolidated three of its businesses, including its broker/dealer ProEquities, to create a new competitor in the wealth management space.
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