Goldman Sachs Acquires United Capital Financial Partners

United Capital Financial Advisors Acquires The Paul Group

August 22, 2025

Wealth Management

United Capital Financial Advisors has acquired The Paul Group, a boutique ultra-high-net-worth advisory firm managing $1.1 billion in client assets; the transaction closed on August 22, 2025. The four-person team will join United Capital to strengthen its presence in Los Angeles and New York and expand its suite of wealth management, estate planning, tax and business advisory services for sophisticated family clients. ECHELON Partners served as exclusive advisor to The Paul Group.

Goldman Sachs Acquires NN Investment Partners from NN Group

August 19, 2021

Financial Services

The Goldman Sachs Group agreed to acquire NN Investment Partners from NN Group for approximately €1.6–1.7 billion, with the deal completing in April 2022. The acquisition integrates NN Investment Partners' ~900 employees and ~$340–355 billion in assets under management into Goldman Sachs Asset Management to strengthen its European footprint, ESG capabilities and insurance asset management franchise.

United Capital Financial Advisors Acquires Apexium Financial

November 11, 2025

Financial Services

United Capital Financial Advisors has acquired Apexium Financial LP, adding more than $4 billion in assets under management and expanding United Capital's national presence. The deal strengthens United Capital's advisor base and expands its financial planning-led service model, with legal counsel to Apexium provided by Sidley Austin and Decerno Advisors acting as M&A advisor.

Creative Planning Acquires Goldman Sachs Personal Financial Management Business

August 28, 2023

Financial Services

Creative Planning, an independent Registered Investment Advisor, has agreed to acquire Goldman Sachs’ Personal Financial Management (PFM) unit. The deal — a divestiture by Goldman Sachs — moves PFM’s advisors and client relationships to Creative Planning and is expected to close in Q4 2023, while preserving access to Goldman Sachs Asset Management solutions through an expanded strategic relationship.

US Capital Global Acquires TC Capital Advisors

September 25, 2025

Financial Services

US Capital Global has acquired Miami-based TC Capital Advisors LLC and appointed TC Capital's founder Jullion Taylor as a Partner and Managing Director. The acquisition supports the launch of US Capital Global's Micro-Cap Program and expands its broker network and small/family-owned business financing capabilities.

AXCS Capital Acquires George Smith Partners

June 10, 2022

Financial Services

AXCS Capital, a technology-focused commercial real estate capital advisory firm, acquired George Smith Partners, a national capital markets advisory firm, with the transaction closing on June 10, 2022 for an undisclosed amount. The deal combines George Smith Partners’ ~35 years of structured financing and lender-relationship expertise with AXCS Capital’s technology and process to accelerate digitization and capability expansion in CRE capital markets.