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| Milton Berlinski |
Gladstone Place Partners represents Reverence Capital Partners as its Advisor Group investment completes the acquisition of Ladenburg Thalmann Financial Services of Miami.
Phoenix-based AG is the nation's largest network of independent wealth managers. The closing of the LTFS deal augments its 11,300 financial advisors and $450B in client assets under management.
Milton Berlinski, RCP co-founder & managing partner, said the AG/LTFF combination creates "one of the most robust platforms in the wealth management industry."
LTFS' five independent advisory and brokerage firms will retain their identities to reflect AG's commitment to a multi-brand network model.
Gladstone founder Steve Lipin and senior VP Michael Flaherty represent RCP.
LTFS is using Sard Verbinnen & Co. staffers Jared Levy, Emily Claffey and Benjamin Spicehandler.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
C Street Advisory Group handles strategic communications duties for American Signature Inc. as the Columbus-based home furnishings retailer declares Chapter 11.
Collected Strategies handles Exact Sciences as the cancer screening leader is acquired by Abbott in a deal with an enterprise value of $23B.
Joele Frank represents Philadelphia-based Axalta Coating Systems as it agrees to merge with Amsterdam’s AkzoNobel in a deal valued in the $25B range.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
