Private Equity

This Week In Wealth Management M&a Deals

by wealthmanagement.com posted 4months ago 45 views
The mergers, acquisitions and advisor moves you may have missed the week of April 19, 2021.: Sequoia Financial, an Ohio-based advisory business deemed a firm to watch by DeVoe & Company, announced plans to acquire Wealthstone Advisors. At close of the transaction, Sequoia’s assets under management will increase to over $7 billion. Just before technology provider Blucora concluded its proxy vote that turned into a public spectacle, came news of a possible buyer for its wealth management business, Avantax Wealth Management. Golden Gate Capital, a private equity firm, placed a bid to acquire the tax-centric broker/dealer.

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