Deals & Moves: Dynasty Firm TritonPoint, Sapient Recruit Advisors

Group 1: Mergers and Acquisitions in Wealth Management - Mergers and acquisitions in the wealth management sector have surpassed last year's figures, with 322 transactions compared to 272 [1] - A smaller group of buyers is completing these transactions, attributed to sellers seeking "shelter" and risk mitigation [2] - The top 10 buyers accounted for 31% of total market activity, indicating a concentration of market power among leading firms [2] Group 2: Notable Transactions and Recruitment - Merit Financial Advisors announced a deal for the wealth arm of a tax consultancy, establishing an ongoing referral relationship as part of the transaction [3] - TritonPoint Partners recruited Jonathan Amoia, bringing approximately $300 million in assets under management, specializing in wealth planning and investment strategy [4][5] - Sapient Capital successfully recruited Sarah White from J.P. Morgan Private Bank, enhancing its team with experienced wealth advisory talent [6]