Beacon Pointe Advisors announces their most recent merger involving CBD Wealth Management. CI Financial acquires majority interest in RGT Wealth Advisors. Meridian Capital LLC announced its acquisition of the Seattle division of Moss Adams Capital. Fiduciary Exchange LLC announced partnerships with insurance providers American Equity Investment Life Insurance Company and Eagle Life Insurance Company. Ellevest’s partnership with Dosh enables its members to earn automatic cash back when they shop with the Ellevest debit card. Wealthify appoints Ben Luckett as Chairman. DeFiner.org has launched Taurus, its crypto savings product.
Beacon Pointe Advisors, one of the country’s largest independent comprehensive wealth advisory firms, announces their most recent merger involving CBD Wealth Management (“CBD”), a wealth management firm with $690 million in assets under management/advisement, making this Beacon Pointe’s largest deal to date. CBD is located in Metairie, Louisiana, a suburb of New Orleans, and represents clients throughout the entire state of Louisiana.
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Toronto-based CI Financial is set to acquire majority interest in its 10th firm, RGT Wealth Advisors, a Dallas-based registered investment advisor with $4.7 billion in client assets.
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Meridian Capital LLC announced its acquisition of the Seattle division of Moss Adams Capital (“MAC Seattle”), a move that will further strengthen Meridian’s position as one of the leading middle market investment banking firms in the Western U.S. Select MAC Seattle team members and client engagements will transition to Meridian which is scheduled to be effective January 1, 2021.
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Fiduciary Exchange LLC, a product-agnostic retirement platform solution that allows insurance carriers to offer insurance solutions through wealth management platforms and other platforms, announced partnerships with insurance providers American Equity Investment Life Insurance Company and Eagle Life Insurance Company.
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Ellevest, the financial company built by women, for women, announced that through their partnership with Dosh, the fastest-growing card-linked offer platform, members can now earn automatic cash back when they shop thousands of local and national brands with the Ellevest debit card.
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Wealthify, the multi-award-winning digital investment service, announces the appointment of Ben Luckett as Chairman.
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DeFiner.org, the decentralized finance network for crypto savings, loans, and payments, has launched Taurus, its crypto savings product, with $2m already locked into saving accounts. Taurus, which launches as a web application, allows customers to instantly deposit assets to accrue interest at a floating market rate, with savings currently earning an average interest of 20-30% APR.
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