Media Room
By Steven Levitt and Annie Tronoski, Park Sutton Advisors, LLCMergers and acquisitions can be exciting for buyers and sellers alike, but discussions are complex and need to be handled thoughtfully and carefully. There are a series of mistakes that occur frequently in... Park Sutton Advisors Announces 10th Transaction of 2019: Represents South Texas Money Management on Merger with CAPTRUST August 27, 2019 - Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have represented South Texas Money Management LTD (“STMM”),... Park Sutton Advisors represents Peapack-Gladstone Bank on its acquisition of Point View Wealth Management July 9, 2019 - Park Sutton Advisors, LLC ("Park Sutton Advisors") is pleased to have served as financial advisor to Peapack-Gladstone Financial Corporation... Park Sutton Advisors Represents Hillview Capital Advisors on Merger with RegentAtlantic June 27, 2019 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have represented Hillview Capital Advisors (“Hillview”), a New York City-based wealth management... Park Sutton Advisors represents mutual fund manager Broadview Advisors on sale to Madison Investments June 11, 2019 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as exclusive financial advisor to Broadview Advisors, LLC (“Broadview”)... Park Sutton Advisors Represents Miami based Singer Xenos Schecter Sosler in sale to Mariner Wealth Advisors New York, NY – April 18, 2019 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have represented Singer Xenos Schechter Sosler (“Singer... New York, NY, April 16, 2019 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as exclusive financial advisor to Cortina Asset Management, LLC (“Cortina”) on its announced sale to Silvercrest Asset Management Group Inc. (“Silvercrest,”... Park Sutton Advisors Represents The Mather Group on Acquisition as AUA Climbs to $7 billion New York, NY – February 21, 2019 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as exclusive financial advisor to The Mather Group, LLC (TMG),... Park Sutton Advisors represents New York City based Tirschwell & Loewy on sale to Provident Bank/Beacon Trust New York, NY, January 22, 2019 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as exclusive financial advisor to Tirschwell... November 20, 2018 Victory Capital’s announced acquisition of USAA’s $69 billion asset management arm is yet another in a slew of large asset management transactions this year, those which we have dubbed “Scale Factor” deals. As with other combinations, strategic... Park Sutton Advisors represents Kudu Investment Management on investment in Bingham, Osborn & Scarborough, LLC (B|O|S) New York, NY – October 19, 2018 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have represented Kudu Investment Management,... Park Sutton Advisors represents The Mather Group on its acquisition of $1 billion AUM Northern California RIA New York, NY – October 5, 2018 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have advised The Mather Group, LLC (TMG), on its acquisition... Prior to the “Great Recession” of 2008-2009, and for the past few years, M&A transactions were supported by robust equity and credit markets. While credit options to assist small and middle-market M&A transactions (typically defined as transactions with deal sizes between $5 million and $200 million) and succession planning in the asset & wealth management industry have always been limited, since the fourth quarter of 2008 access to financing has been more challenging than ever. Virtus Investment Partners to acquire RidgeWorth Investments.Announced 12/16/2016, expected to close mid-2017.The acquisition will create a firm with $87b AUM.Virtus will acquire RidgeWorth for $513mm. Park Sutton Insight: Janus Capital & Henderson Group Merge, Now Janus Henderson Global Investors. This merger of equals creates a firm with $322b AUM, market cap of $6b.Henderson will acquire Janus for $2.61b. Park Sutton Advisors represents Peapack-Gladstone Bank on its acquisition of Lassus Wherley & Associates New York, NY – July 2, 2018 - Park Sutton Advisors, LLC ("Park Sutton Advisors") is pleased to have served as financial advisor to Peapack-Gladstone Financial... Park Sutton Advisors represents Capstone Financial Advisors, Inc. on sale of majority equity interest New York, NY – December 31, 2017 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as exclusive advisor to Capstone Financial Advisors,... Park Sutton Advisors represents Peapack-Gladstone Bank on its acquisition of Quadrant Capital Management New York, NY – September 14, 2017 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as financial advisor to Peapack-Gladstone... Park Sutton Advisors represents EP Wealth Advisors on its minority sale to Wealth Partners Capital Group New York, NY – July 20, 2017 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as financial advisor to EP Wealth Advisors, a fee-only... PRESS RELEASE Park Sutton Advisors represents Peapack-Gladstone on its acquisition of Murphy Capital Management New York, NY – May 26, 2017 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have served as financial advisor to Peapack-Gladstone...5 Biggest Mistakes Sellers Commit in M&A Deals
RIA M&A Case Study: Acquiring the Trifecta – Scale and Diverse Leadership in a Sought-After Market
RIA M&A Case Study: The Successful Bank Acquirer
RIA M&A Case Study: The Strategic RIA Merger
Mutual Fund Pioneer Finds a New Home
RIA M&A Case Study: Entering an Essential Wealth Geography with a Marquis Acquisition
The Win-Win Deal for Institutional M&A
RIA M&A Case Study: The Transformational Deal
RIA M&A Case Study: Aging of Advisor in Sought After Geography
Asset Management M&A: The Scale Factor
RIA M&A Case Study: 2nd Generation Re-Cap with Permanent Capital
RIA M&A Case Study: High Growth Regional Firm Begins Transformation into National RIA
Financing Options Available to Asset and Wealth Managers in the Context of M&A and Succession Planning
Virtus Investment Partners RidgeWorth acquisition
PSA Insight Janus Henderson merge
RIA M&A Case Study: Wealth Based Bank as a Preferred Acquirer of RIA’s
RIA M&A Case Study: 1st Gen to 2nd Gen Transition in Real Time
RIA M&A Case Study: Wealth Based Bank Builds Fee Income & Adds Planning Expertise
RIA M&A Case Study: RIA Takes on Minority Investor; Platform for Future Acquisitions
RIA M&A Case Study: Pioneer RIA Merges with Boutique Wealth Bank
Please refer to the Archive section for historical white papers.
April 2, 2020
Panel Discussion: The Current State of the RIA M&A Market
Steven Levitt, Park Sutton Advisors
Sponsored by Oak Street Funding®, Park Sutton Advisors® and Mercer Advisors™
October 17, 2019
Private Wealth Managers, Succession Plans: Handing Off the Baton
Steven Levitt, Park Sutton Advisors
Sponsored by CFA Society New York
October 2-3 2019
RIA M&A Event
Annie Tronoski, Park Sutton Advisors
Sponsored by Dimensional Fund Advisors in Charlotte, NC
June 26-28, 2019
RIA Advisory Board
Steven Levitt, Park Sutton Advisors
Sponsored by Oak Street Funding in South Bend, IN
June 17-18, 2019
Fidelity Alternative Fees Think Tank Day: Implications of Fee Structure on Valuation and Deal Structure
Steven Levitt, Park Sutton Advisors
Sponsored by Fidelity Clearing & Custody Solutions
May 16, 2019
M&A Trends in 2019
Cheryl Bicknell, Mariner Wealth Advisors
Steven Levitt, Park Sutton Advisors
Annie Tronoski, Park Sutton Advisors
Sponsored by Barron’s Top Independent Women Advisors in Palm Beach, FL
May 17, 2018
Mergers & Acquisitions: What Works & Why
Moderator: Anastasia M. Tronoski
Sponsored by Barron’s Top Independent Women Advisors in Palm Beach, FL
March 15, 2018
Mergers & Acquisitions: Finding the Formula for Success
Moderator: Steven M. Levitt
Sponsored by Barron’s Top Independent Advisors in Orlando, FL
March 23, 2020
RIA Mergers Continue But Coronavirus Slowdown Likely
March 18, 2020
Coronavirus Impact on M&A Market for Financial Advisory Firms
January 22, 2020
RIA Sellers Overvalue Their Firms, According to Fidelity Report.
June 27,2019
Fiduciary Network bolsters roster with $850M acquisition
June 10,2019
June 1, 2019
Matt Hamilton gears up to grow $900 million a year til 2027 when most CEOs look forward to retiring, but only banks, not PE investors, are invited to fuel deals
May 3, 2019
New-look HighTower hires Abby Salameh and takes a ‘Hurley-style’ stake in a $4.8 billion DFA RIA
April 24, 2019
How Mariner keeps up its furious buying pace
April 22, 2019
Who will buy United Capital and why?
April 18, 2019
March 27, 2019
Valerie Newell: Keys to Building a $3B Practice
October 15, 2018
FinancialPlanning – Meet the $3B RIA that wants to go national
August 22, 2018
FinancialPlanning – RIA deal reporting is opaque and confusing. What gives?
June 29, 2018
Peapack-Gladstone Financial Corporation to Acquire Lassus Wherley & Associates, P.C.
June 26, 2018
How to Finance a Succession Plan
June 25, 2018
Advisor Perspectives – What RIAs Should Know When Selling Their Practices
June 18, 2018
RIABiz – One year on, John Copeland’s roll-up growth is slow but expectations remain steadfast for big snowball
May 14, 2018
RIABiz – A maverick RIA and a bank walked into a bar in 2006, 2011 and 2014. It’s all settling out in a 2018 M&A & spin-off pub crawl
April 13, 2018
FundFire – Size Advantage Dwindles as Small Managers Level Playing Field
April 11, 2018
Ultimus Fund Solutions Acquires Private Fund Servicing Business
March 12, 2018
SS&C Announces Acquisition of CACEIS North America, a subsidiary of Credit Agricole S.A.
When Should an RIA Transact (or Not)?
(partnership with TD Ameritrade Institutional)
BVR Special Report- Is Mergers & Acquisitions Deal-Making Dead, Dying, or Primed for Resuscitation?
Why Transact in this Market Environment?
Long-Term Capital Gains Tax Expectations: Barack Obama vs. John McCain
Energy Hedge Funds: Short- or Long-term Minded?