US EditionPrivate equity's spike in wealth management acquisitions
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Private equity's spike in wealth management acquisitions
This article was originally published in 2024 and was last updated June 27, 2025. Tension: The people we trust to manage wealth are becoming products in someone else’s portfolio. Noise: Financial media frames these acquisitions as industry evolution—but often ignores the cultural toll on advisors and clients. Direct Message: When financial advice becomes a business asset, the true value lies not in consolidation, but in preserving human trust. …
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