As Filed with the U.S. Securities and Exchange Commission on February 10, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _________________________ BRC Group Holdings, Inc. (Exact name of registrant as specified in its charter) _________________________ | Delaware | | | | --- | --- | --- | | | 7389 | 27-0223495 | (State of Incorporation) (Primary Standard Industrial Classification Code Number) ...

As Filed with the U.S. Securities and Exchange Commission on February 10, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _________________________ BRC Group Holdings, Inc. (Exact name of registrant as specified in its charter) _________________________ | Delaware | | | | --- | --- | --- | | | 7389 | 27-0223495 | (State of Incorporation) (Primary Standard Industrial Classification Code Number) ...

An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice. The innovation puts the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks and private credit firms last week and insurance brokerage shares on Monday. Investors responded precisely the way they did before — by unloading the stocks. Raymond James Financial Inc. dropped 8. ...

Core Viewpoint - McKinsey is selling the majority of its $26 billion in-house wealth management business to Neuberger Berman, following a comprehensive review and concerns regarding conflicts of interest related to its consulting operations [1]. Group 1 - The transaction involves the transfer of the bulk of McKinsey's wealth management business, which is valued at $26 billion [1]. - The deal is anticipated to be finalized later this year [1].

US stocks closed mixed on Tuesday, with the Dow notching third straight record close but the other indexes slipping after slower retail sales kicked off a flood of crucial economic data ahead of the closely watched monthly jobs report. The blue chip-heavy Dow Jones Industrial Average (^DJI) rose roughly 0.1%, while the S&P 500 (^GSPC) lost about 0.3%. The Nasdaq Composite (^IXIC) fell 0.6% as Big Tech titans Nvidia (NVDA) and Alphabet (GOOG) lost ground. December retail sales remained "virtually unchang ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice.  The innovation puts the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks and private credit firms last week and&nbsp ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Joshua D. Rogers, who founded Chicago-based broker/dealer and investment advisory firm Arete Wealth 19 years ago, has stepped down as chief executive of the firm, transitioning to executive chairman of the firm’s board of directors. David Levine, Arete’s chief operations officer, will succeed Rogers and serve as CEO of the firm’s holding company, which includes Arete Wealth Management, the brok ...

Core Viewpoint - NatWest is acquiring wealth manager Evelyn Partners for 2.7 billion pounds (approximately $3.6 billion) to enhance its savings and investment business [1][2]. Group 1: Acquisition Details - The acquisition of Evelyn Partners from private equity firms Permira and Warburg Pincus is aimed at strengthening NatWest's position in the wealth management sector [2]. - This deal is seen as a transformational move for NatWest, filling a gap in its affluent wealth offering, according to RBC Capital Markets analyst Benjamin Toms [4]. Group 2: Strategic Context - The acquisition aligns with a broader trend among European banks to diversify revenue sources and reduce reliance on lending income as central banks lower interest rates [4]. - NatWest's focus has traditionally been on high net-worth customers through its private bank Coutts, which has a long-standing reputation [5]. Group 3: Market Implications - CEO Paul Thwaite emphasized that the deal will help customers maximize their financial potential through a wider range of services, contributing to economic growth [3].

Core Viewpoint - NatWest Group is acquiring Evelyn Partners for GBP 2.7 billion in cash to create the UK's leading private bank and wealth manager, combining their assets under management to reach GBP 127 billion [4][8][5] Financial Performance - Evelyn Partners reported 2025 income of GBP 509 million and EBITDA of GBP 179 million, reflecting a 35% margin, along with net new inflows of GBP 1.6 billion [2][7] - The acquisition is expected to boost NatWest's fee income by approximately 20% before synergies, enhancing non-interest income as a larger part of group revenues [8][7] Strategic Intent - The acquisition aims to accelerate NatWest's strategy by increasing its exposure to wealth management, supported by demographic, regulatory, and technology trends [3][5] - Evelyn brings a regional network of 21 offices, 270 financial planners, and 325 specialist investment managers, along with the direct-to-consumer platform Bestinvest [3][8] Synergies and Cost Management - NatWest anticipates about GBP 100 million in cost synergies, primarily through the elimination of duplication in shared services and technology, with implementation costs estimated at GBP 150 million over three years [6][9] - The integration plan includes technology and platform consolidation, streamlining functions, and optimizing marketing spend [10][9] Capital Impact and Returns - The acquisition is projected to reduce NatWest's CET1 ratio by approximately 130 basis points, driven mainly by goodwill and other intangibles [12][13] - Management expects the deal to be accretive to return on tangible equity in the first year, with returns anticipated to exceed those from share buybacks [13][14] Shareholder Actions - Alongside the acquisition announcement, NatWest is launching a GBP 750 million share buyback while maintaining a dividend payout ratio of around 50% [14][6]

Core Viewpoint - NatWest Group is acquiring UK wealth manager Evelyn Partners for £2.7 billion ($3.6 billion), aiming to enhance its wealth management capabilities and increase fee income significantly [1][2]. Group 1: Acquisition Details - The acquisition will result in a combined business managing £127 billion in assets, with Evelyn Partners contributing £69 billion in client assets [1]. - The deal is expected to increase NatWest's fee income by approximately 20% before realizing revenue synergies [2]. - The transaction is anticipated to achieve annual run-rate cost synergies of £100 million, representing around 10% of the combined unit's cost base, with one-time costs estimated at £150 million [3]. Group 2: Leadership and Strategic Goals - The merged entity will be led by Emma Crystal, the chief executive of NatWest's Private Banking and Wealth Management division [2]. - NatWest Group CEO Paul Thwaite emphasized the opportunity to provide enhanced financial planning and investment services to a broader client base across the UK [3][4]. Group 3: Financial Impact and Timeline - The acquisition is projected to be "accretive" to NatWest's growth and return on tangible equity within the first year post-completion [4]. - The deal is expected to reduce NatWest's CET1 capital ratio by approximately 130 basis points [4]. - Completion of the transaction is anticipated in summer 2026, subject to regulatory approvals [5].