Global Legal Chronicle | CI Financial Corp.’s Acquisition of Corient Capital Partners

Alston & Bird client Beacon Pointe LLC, parent company of Beacon Pointe Advisors LLC, has entered into a definitive agreement with global investment firm KKR under which it will receive an investment to help continue the company’s national expansion through new office openings and acquisitions.

Alston & Bird represented Modern Wealth Management, a national registered investment advisory (RIA) firm, in its launch with an investment of $200 million from funds managed by Crestview Partners.

Alston & Bird client Brightworth LLC, a leading registered investment adviser (RIA) based in Atlanta, has signed a definitive agreement to sell a majority interest to Canadian wealth management firm CI Financial Corp.

Alston & Bird client Pathstone, a leading registered investment advisory firm, announced a proposed investment by private equity firm Lovell Minnick Partners (LMP).

Alston & Bird client Fifth Third Bancorp has entered into a definitive agreement with Franklin Street Partners, Inc., to acquire Franklin Street Advisors, a registered investment advisory firm, and Franklin Street Trust Company, a North Carolina trust company, both wholly owned subsidiaries of Franklin Street Partners.