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RIA News: Prime Buys $1.75B RIA; WEG Acquisition; Waverly’s 4th Merger

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Prime Capital Investment Advisors closed out 2022 by buying a $1.75 billion RIA in Florida and kicked off 2023 by adding another $575 million to its AUM. Wealth Enhancement Group acquired BFS Wealth Management, a hybrid RIA in New Jersey. Waverly Advisors completed its 4th merger in 2022 with the purchase of Sandifer Wealth Management, a fee-only RIA in Mobile, AL.