September 28, 2012

European Wealth Acquires Ernest Noad

On September 28, 2012, citywire.co.uk reported that European Wealth had acquired independent financial advisory firm Ernest Noad & Associates.

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September 27, 2012

Blackstone to Acquire Capital Trust IM Business

On September 27, 2012, Capital Trust, Inc. (NYSE: CT) announced that it had agreed to sell its investment management business, CT Investment Management Co., and its fund co-investments to Blackstone (NYSE: BX) for $20 million.

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September 26, 2012

Canaccord to Acquire the Wealth Management Business of Eden Financial

On September 24, 2012, Canaccord Financial, Inc. announced that it had entered into an agreement to acquire the wealth management business of Eden Financial Limited, a UK private client investment management business.

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September 26, 2012

Freeman & Co. Reports on Private Equity Activity

On September 20, 2012, Freeman & Co. LLC issued its report on Private Equity activity within the Financial Institutions Group sector for Mid-Year 2012.

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September 21, 2012

Kleinwort Benson to Acquire BHF-BANK from Deutsche Bank

On September 20, 2012, Kleinwort Benson Group, the wholly owned subsidiary of financial services group RHJ International, announced that it had reached an agreement with Deutsche Bank to acquire German private bank BHF-BANK.

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September 20, 2012

Franklin Templeton to Acquire Majority Stake in K2 Advisors

On September 19, 2012, Franklin Resources, Inc. (NYSE: BEN), which operates as Franklin Templeton Investments, announced that it had agreed to acquire a majority stake in K2 Advisors LLC, an independent fund of hedge funds manager, for an undisclosed sum.

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September 19, 2012

CIC Sells Most of its BlackRock Stake

On September 2, 2012, Financial Times reported that sovereign wealth fund China Investment Corp had sold most of its approximate 3% stake in BlackRock. 

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September 19, 2012

Equilibrium Acquires Kingsworld Walder

On September 17, 2012, Marlborough, England-based Equilibrium Wealth Management Limited announced that it had acquired client bank Kingsworld Walder Limited.

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September 17, 2012

SDJ Private Clients Acquired by Clarion

On September 12, 2012, ftadviser.com reported that Clarion plc had acquired independent financial advisor SDJ Private Clients.

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September 17, 2012

Edelman Shareholders Approve Merger with Lee Equity Partners

On September 13, 2012, The Edelman Financial Group (NASDAQ: EF) announced that its shareholders voted to approve a merger agreement with an affiliate of private equity firm Lee Equity Partners.

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