M and A
Deals Of The Day: The Latest In Wealth Management M&A – Cetera, Powell Financial Partners
The latest deals and transactions in and around the North American wealth management sector.
Cetera, Powell Financial Partners
Cetera
Financial Group has acquired Powell Financial Partners, a
Georgetown, Texas-based wealth management firm.
Powell Financial Partners is led by father-daughter team Mickey Powell and Jennifer Powell, who are affiliated with Cetera Wealth Partners, a community that is part of Cetera Advisor Networks.
The financial terms were not disclosed.
A registered assistant and senior relationship manager with more than 18 years of industry experience rounds out the team of three financial professionals at Powell Financial Partners.
Mickey and Jennifer Powell have been affiliated with Cetera Wealth Partners since 2021. Cetera Wealth Partners was created in the same year through the acquisition of assets related to Voya Financial Advisors' independent financial planning channel.
