Raymond James Financial Acquires Clark Capital Management Group
January 16, 2026
Raymond James Financial announced and later completed the acquisition of Clark Capital Management Group, an asset manager focused on wealth-oriented solutions. Clark Capital will keep its brand and operate as an independent boutique investment manager within Raymond James Investment Management, leveraging Raymond James’ scale, resources, and advisor distribution capabilities.
- Buyers
- Raymond James Financial, Inc., Raymond James Investment Management
- Targets
- Clark Capital Management Group, Inc. (Clark Capital)
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Carson Group Acquires Jackson Wealth Management
June 5, 2026
Financial Services
Carson Group announced the acquisition of Jackson Wealth Management, a Lake Mary, Florida-based wealth management firm managing more than $1.1 billion in client assets. The deal brings Jackson Wealth Management into Carson’s integrated Carson Wealth platform as the firms expand in the Southeast while preserving Jackson’s independent, family-office approach.
-
CW Advisors Acquires Capital Management Services and CHB Investment Group
September 3, 2025
Financial Services
CW Advisors, an SEC‑registered investment advisor and subsidiary of Osaic, has acquired two Pennsylvania RIAs — Capital Management Services (CMS) and CHB Investment Group — adding $575 million in assets under management. The deals expand CW Advisors’ presence in Pennsylvania and increase its AUM to approximately $14.5 billion; terms were not disclosed.
-
Wealth Enhancement Group Acquires M&R Capital Management, Inc.
November 7, 2024
Financial Services
Wealth Enhancement Group has acquired M&R Capital Management, an independent RIA based in Summit, New Jersey that manages over $536 million in client assets. The three-advisor team (plus three support staff) will join Wealth Enhancement Group to access its centralized services and expand the firm's presence in New Jersey.
-
WA Asset Management Acquires Clark Financial Advisors
April 4, 2022
Wealth Management
WA Asset Management (WAAM), a Birmingham-based registered investment adviser, has acquired Clark Financial Advisors, a fee-only investment management and financial planning firm based in Birmingham, Alabama. The deal closed March 31, 2022, will add approximately $270 million of assets under management to WAAM, and brings the entire CFA team into WAAM; WAAM previously received a strategic growth investment from Wealth Partners Capital Group and HGGC in December 2021.
-
Raymond James Acquires TriState Capital Holdings for About $1.1 Billion
October 20, 2021
Financial Services
Raymond James Financial entered into a definitive agreement to acquire TriState Capital Holdings in a cash-and-stock transaction valued at approximately $1.1 billion. TriState Capital would continue operating as a separately branded firm and stand-alone division within Raymond James, including an independently chartered bank subsidiary. The acquisition was completed on May 31, 2022.
-
Wealth Enhancement Group Acquires CJM Wealth Management
September 1, 2020
Financial Services
Wealth Enhancement Group, a Minneapolis-based independent wealth management firm overseeing roughly $19.4 billion in client assets, has acquired CJM Wealth Management, a Deer Park, New York registered investment adviser with about $440–446 million in client assets. The deal (closed Sept. 1, 2020) expands Wealth Enhancement Group’s presence in the New York metro (its third NY location and fifth in the Tri-State area); financial terms were not disclosed.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.