M&A
CI Financial
The global asset and wealth management company has acquired majority ownership of RGT Wealth Advisors, a Dallas-based registered investment adviser (RIA) firm.
The deal is CI’s 10th US wealth management acquisition this year.
RGT offers financial planning services to high net worth individuals as well as family office services in Texas and across the US.
The financial terms of the deal were not disclosed.
MAI Capital Management
The independent RIA firm has acquired Greenway Family Office (GFO).
GFO was founded in 2010 by Joan Malloy, who will assume the role of regional managing firector, gamily office at MAI.
The remaining members of the GFO team will join MAI.
This is MAI’s second acquisition of 2020. The financial terms of the deal were not disclosed.
People moves
Harbourfront Wealth Management
Mark Pinto has been named as president and director of the wealth manager.
He previously served as executive vice president, leadership and growth strategy for the company.
Raymond James
The wealth firm has hired financial adviser Lance Lechtenberg to its offices in El Dorado, Kansas.
Lechtenberg joins the firm from Edward Jones.
The team, which includes branch professionals Rhonda Olbrey and Darlene Potter, operates as LJ Lechtenberg Strategic Financial Partners.
