Cabana
Cabana Asset Management, an SEC-registered investment adviser providing risk-managed investment options to investors, advisors and institutions, announced the firm has surpassed $1 billion in advisory assets under management (AUM).
A wholly-owned subsidiary of The Cabana Group, LLC, Cabana relies on its proprietary Cyclical Asset Reallocation Algorithm to build and actively manage a series of investment portfolios it offers as its Target Drawdown Series. With offices in Arkansas, Texas, and Colorado, the firm provides money management services to more than 5,000 clients nationwide.
Mercer Advisors
Continuing its acquisition streak, Mercer Advisors, an RIA, announced Tuesday it had purchased First Ohio Planning, a Columbus, Ohio-based wealth management firm with $350 million of assets under management. First Ohio was founded in 1979 by James S. Ryan, who will be joining Mercer along with a staff of five. The group will be merging into Mercer Advisors’ existing office in Columbus.
Orion
Orion Advisor Tech, a division of Orion Advisor Solutions and a provider of financial advisor technology and investment solutions, today announced progress toward its goal of breaking down barriers to financial planning, with more than 500 new firms adopting the platform since the acquisition of Advizr, Inc. six months ago.
Vasyl Soloshchuk is CEO and co-owner at INSART, a FinTech engineering company. Vasyl is also the author of WealthTech Club, which conducts research into fortune and startup robo-advisor and wealth management companies in terms of the technology ecosystem.