Mergers & Acquisitions – Advisor's Edge https://uat-phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 06 Dec 2022 19:15:43 +0000 en-CA hourly 1 https://wordpress.org/?v=6.1.1 https://uat-phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Mergers & Acquisitions – Advisor's Edge https://uat-phoenix.advisor.ca 32 32 Raymond James acquires Solus Trust https://uat-phoenix.advisor.ca/tax/estate-planning/raymond-james-acquires-solus-trust/ Tue, 06 Dec 2022 19:15:43 +0000 https://www.advisor.ca/?p=217669 Vancouver-based trust company manages $400 million in assets

The post Raymond James acquires Solus Trust appeared first on Advisor's Edge.

]]>
RBC to buy HSBC Canada https://uat-phoenix.advisor.ca/news/industry-news/rbc-to-buy-hsbc-canada/ Tue, 29 Nov 2022 12:53:25 +0000 https://www.advisor.ca/?p=217084 HSBC signalled it was looking to sell its Canadian business back in October

The post RBC to buy HSBC Canada appeared first on Advisor's Edge.

]]>
Cross-selling opportunities prompt P&C brokerages to buy advisors https://uat-phoenix.advisor.ca/insurance/life/cross-selling-opportunities-prompt-pc-brokerages-to-buy-advisors/ Fri, 25 Nov 2022 19:53:33 +0000 https://www.advisor.ca/?p=217010 Actual assets under management of advisor aren’t always worth purchasing on their own

The post Cross-selling opportunities prompt P&C brokerages to buy advisors appeared first on Advisor's Edge.

]]>
Smith Financial to buy Home Capital Group as mortgage industry under strain https://uat-phoenix.advisor.ca/news/industry-news/smith-financial-to-buy-home-capital-group-as-mortgage-industry-under-strain/ Mon, 21 Nov 2022 19:51:41 +0000 https://www.advisor.ca/?p=216791 The all-cash offer provides certainty for shareholders, Home Capital board chairman says

The post Smith Financial to buy Home Capital Group as mortgage industry under strain appeared first on Advisor's Edge.

]]>
The fate of advisors who get bought out by property and casualty brokerages https://uat-phoenix.advisor.ca/news/industry-news/the-fate-of-advisors-who-get-bought-out-by-property-and-casualty-brokerages/ Fri, 18 Nov 2022 21:37:26 +0000 https://www.advisor.ca/?p=216780 P&C brokers often want you to stay if they buy your firm

The post The fate of advisors who get bought out by property and casualty brokerages appeared first on Advisor's Edge.

]]>
Economic weakness weighs on M&A https://uat-phoenix.advisor.ca/news/industry-news/economic-weakness-weighs-on-ma/ Wed, 16 Nov 2022 18:43:16 +0000 https://www.advisor.ca/?p=216643 Deal activity declines in Q3, led by a drop in small transactions, Crosbie & Co. says

The post Economic weakness weighs on M&A appeared first on Advisor's Edge.

]]>
Financing as an option when buying a book of business https://uat-phoenix.advisor.ca/news/industry-news/financing-as-an-option-when-buying-a-book-of-business/ Mon, 14 Nov 2022 16:25:34 +0000 https://www.advisor.ca/?p=216451 Availability of capital is influencing acquisitions

The post Financing as an option when buying a book of business appeared first on Advisor's Edge.

]]>
Cryptocurrencies plunge as Binance scraps deal for rival FTX https://uat-phoenix.advisor.ca/news/industry-news/cryptocurrencies-plunge-as-binance-scraps-deal-for-rival-ftx/ Wed, 09 Nov 2022 21:57:53 +0000 https://www.advisor.ca/?p=216329 Bitcoin down 12%, Ethereum down 13%

The post Cryptocurrencies plunge as Binance scraps deal for rival FTX appeared first on Advisor's Edge.

]]>
Crypto exchange Binance to buy rival FTX in apparent bailout https://uat-phoenix.advisor.ca/news/industry-news/crypto-exchange-binance-to-buy-rival-ftx-in-apparent-bailout/ Tue, 08 Nov 2022 19:52:02 +0000 https://www.advisor.ca/?p=216239 The deal would make Binance an even more dominant player in the cryptocurrency industry

The post Crypto exchange Binance to buy rival FTX in apparent bailout appeared first on Advisor's Edge.

]]>
Nicola Wealth buys Levine Financial Group https://uat-phoenix.advisor.ca/insurance/nicola-wealth-buys-levine-financial-group/ Tue, 08 Nov 2022 16:11:53 +0000 https://www.advisor.ca/?p=216214 Toronto-based firm provides insurance products and services to doctor clients

The post Nicola Wealth buys Levine Financial Group appeared first on Advisor's Edge.

]]>