Tagged: ria

Digital Asset Bank Anchorage Digital Adds Registered Investment Advisor Service

Anchorage Digital, a federally chartered digital asset bank, has added a Registered Investment Advisor (RIA) service to its portfolio of offerings. Anchorage focuses on the institutional market. RIAs are registered entities that can provide recommendations on investments and are required to act on behalf of… Read More

Fidelity RIA M&A Study: Despite Misalignment On Valuation Expectations, M&A Activity Increases By Over 230%

Fidelity Investments 2023 M&A Valuation & Deal Structure Survey “revealed a 237% increase in registered investment advisor (RIA) M&A deals, with 492 reported transactions, up from 146 for the 2017- 2019 study period.” The survey, which examines trends and buyer perceptions “related to RIA M&A… Read More

Republic Capital Group Advises Parallel Advisors, AUTUS Asset Management on Combination, Recap from Golden Gate Capital

Republic Capital Group, an investment banking firm specializing in the RIA, asset and wealth management, and securities-related industries, acknowledges its client, Parallel Advisors, on its acquisition of AUTUS Asset Management and substantial investment from Golden Gate Capital, a private equity investment firm. In connection with… Read More

PayPal’s International Money Transfer Service Xoom Forms Partnership With Ria Money Transfer to Accelerate Expansion Into 86 Countries

Xoom, an international money transfer service created by PayPal, announced on Tuesday it has formed a partnership with Ria, a Euronet Worldwide subsidiary and global money remittances firm, to offer Xoom customers cash pick-up service at more than 150,000 of Ria’s international network locations. Xoom reported that… Read More

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