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Friday, October 2, 2026The Morning Brief →Sign in
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Merchant Investment Management

In PWD coverage since September 21, 2026 · 5 stories
1Deals on our tracker
Deal recordFull tracker →
Sep 29, 26Deal announcedIronbark Financial Group — coverage
PWD coverage
move

Concurrent acquires Spire, a $5.4 billion RIA with 30 advisor teams

Spire's advisors keep their own brands as independent contractors, and both advisors and employees become eligible for Concurrent equity after a year.
The Close · Sep 30Merchant's $255.9 million Ironbark stake puts AI in the capital plan
Deals & PE · Sep 30Merchant takes $255.9 million stake in $97 billion Australian wealth firm Ironbark
move · Sep 21A $425 million team prices independence against the employee channel
Moves · Sep 21The breakaway that left Raymond James now buys its teams
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