Stratos Wealth's 12th SEI-era deal adds $400M Illinois partner
The Naperville firm adds $400 million and a new state to Stratos's SEI-backed network.
August 19
M&A 11 stories this week · 11 total
Every deal in the consolidation wave — who is buying whom, on what thesis, and what the structures say about the multiple environment.
Wealth Enhancement buys a $644 million Washington State tuck-in
The Olympia, Wash. acquisition pushes the Minnesota consolidator past $160.7 billion and extends a summer run of niche-focused purchases.
Carlyle-backed MAI buys two RIAs and enters Atlanta
Two Tuesday deals put the Cleveland RIA in Atlanta and extend its California reach. MAI is shifting from scale-building to market-by-market buying.
MAI buys $490M Waypoint to enter Atlanta
The Carlyle-backed firm makes its first Atlanta acquisition, adding a boutique with wealthy clients and two proprietary funds.
De Leon brings patient capital to RIA minority stakes
Leon Financial Network's minority-stake model offers wealth managers an alternative to the private equity roll-up timeline.
Enterprise Value Built Over Time, Not at Sale
WealthManagement.com argues RIA value is a trajectory shaped by recurring revenue and client focus.
Merit Buys $900M Former Commonwealth RIA Bridgeway Group
The $30.1 billion Atlanta RIA adds its sixth former Commonwealth team, closing its 61st deal.
Merit Financial acquires $900M Bridgeway Group
Atlanta RIA adds its third former Commonwealth firm of 2026.
Merit Adds $900M Commonwealth Team, Sixth Since LPL Deal
The Bridgeway Group deal brings Merit's Commonwealth team haul to $4.7 billion.
Mesirow Buys flexPATH's 3(38) Business in Retirement Push
Mesirow's second outsourced-fiduciary acquisition this year deepens its retirement plan offering.
LPL boosts Commonwealth EBITDA projection $25M, sees 90% retention
LPL raises its run-rate cash flow target for the Commonwealth acquisition by $25 million and projects advisor retention will climb to 90%.