This Week in RIA M&A: CI to Add $2.5 Billion-AUM Firm, Mercer Buys $740-Mln RIA

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This Week in RIA M&A: CI to Add $2.5 Billion-AUM Firm, Mercer Buys $740-Mln RIA

CI Financial said on Thursday that it will purchase a majority stake in Barrett Asset Management, a New York City-based RIA managing $2.5 billion in assets. Specific terms of the transaction, CI’s second …
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St. Louis VA opens vaccines to veterans of all ages

Mike Shannon, a lead maintenance driver with the St. Louis County Department of Transportation, is administered the first dose of the Pfizer COVID-19 vaccine Tuesday, Feb. 2, 2021, at St. Louis County’s mass vaccination site in Ferguson.
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IFAC pushes for accountants to measure sustainability

The International Federation of Accountants convened a meeting of leaders of accounting organizations to advance sustainability reporting as
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Labor Department wants to rescind Trump-era rules it says hurts independent workers, wages

President Joe Biden’s Labor Department this week proposed overturning two regulations that it says weakens worker protections, including one about independent contractors’ status that was finalized right before the previous administration’s term ended.
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After raising $10M, accounting startup Lockstep makes 2 key hires

Pragash is a certified public accountant. Lockstep, which was founded in 2019, aims to eliminate manual tasks for accounting teams. According to
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