Janus Henderson Acquires Richard Bernstein Advisors

January 23, 2026

Janus Henderson Group entered into a definitive agreement to acquire 100% of Richard Bernstein Advisors (RBA), a research-driven macro multi-asset investment manager. The deal is intended to expand Janus Henderson’s model portfolio and separately managed account (SMA) capabilities and distribution reach, and it closed in early 2026.

Targets
Richard Bernstein Advisors (RBA)
Sellers
Richard Bernstein Advisors (RBA) shareholders (implied)
Location
New York, United States
Transaction Type
Buyout

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