The latest mergers and acquisitions in the North American wealth management industry.

Cerity Partners, Prio Wealth
Cerity Partners, a US wealth manager, has acquired Prio Wealth, a Boston-headquartered RIA. 

ECHELON Partners, an investment banker and advisory firm to wealth managers, served as the exclusive financial advisor to Prio Wealth in this transaction.

In April last year, Cerity combined with Denver-based Agility, a provider of outsourced chief investment officer firm.

Besides Cerity, other strategic acquirers include Pathstone, Creative Planning, Captrust, Hightower, Mariner Wealth Advisors, Mercer Advisors, and Wealth Enhancement Group.

(See here for recent analysis of the Pathstone acquisition strategy, creating an organization with more than $100 billion in AuM.)