DJIA51863.69 -185.14
S&P 5007764.64 -0.06
NASDAQ27244.28 -1.90
Russell 20002889.92 -3.87
German DAX25578.85 3.84
FTSE 10010708.33 -30.68
CAC 408154.91 15.97
EuroStoxx 506323.15 5.30
Nikkei 22565018.95 882.70
Hang Seng25087.75 45.04
Shanghai Comp3952.13 2.22
KOSPI7080.92 63.01
Bloomberg Comm IDX144.41 2.99
WTI Crude-fut96.20 1.56
Brent Crude-fut90.68 0.97
Natural Gas3.21 0.04
Gasoline-fut3.28 0.09
Gold-fut4350.80 -52.00
Silver-fut65.64 -2.15
Platinum-fut1783.40 -54.30
Palladium-fut1286.00 -33.50
Copper-fut6.81 -0.09
Aluminum-spot3195.00 0.00
Coffee-fut271.45 -0.30
Soybeans-fut1318.00 -7.00
Wheat-fut714.00 -2.25
Bitcoin85452.74 -670.58
Ethereum USD2723.52 -31.81
Litecoin62.09 -0.38
Dogecoin0.10 0.00
EUR/USD1.1427 -0.0047
USD/JPY157.58 0.17
GBP/USD1.3313 -0.0051
USD/CHF0.8213 0.0004
USD IDX100.87 0.32
US 10-Yr TR4.989 0.022
GER 10-Yr TR3.492 0.0389
UK 10-Yr TR5.2726 0.0286
JAP 10-Yr TR2.985 0.009
Fed Funds4 0
SOFR3.87 0.02
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Financial Advisory  + Direct Investment  + M&As  + RIAs & Financial Advisors  |  November 17, 2025
United Capital Acquires $4B RIA Apexium Financial Deal accelerates firm's post-spinoff growth United Capital Financial Advisors has acquired Apexium Financial LP, a multi-region RIA overseeing more than $4 billion in assets, marking a notable expansion of the firm’s national footprint across the Northeast, Mid-Atlantic, and Southwest. “United Capital and Apexium share a focus on growth, client service, and a financial-planning-led approach,” said Jim Rivers, President of United Capital. Apexium’s managing partners added that joining United Capital enhances their ability to deliver broader in-house capabilities—spanning tax and estate planning, business owner advisory services, investment management, and insurance solutions—while strengthening client experience and advisor support. The deal marks United Capital’s second acquisition since its 2019 sale to Goldman Sachs and its 2023 spinout to Creative Planning, signaling that the firm is re-entering the M&A arena with a renewed focus on scale, integration, and advisor-centric growth. United Capital now manages $17.2 billion across more than 41,700 client accounts, according to its most recent Form ADV. Sidley Austin LLP served as Apexium's legal counsel and Decerno Advisors acted as M&A advisor. Apexium Financial is United Capital's second acquisition this year, following The Paul Group in September 2025.
Joe Palmisano
By: Joe Palmisano

United Capital Acquires $4B RIA  Apexium  Financial 

United Capital Financial Advisors has acquired Apexium Financial LP, a multi-region RIA overseeing more than $4 billion in assets, marking a notable expansion of the firm’s national footprint across the Northeast, Mid-Atlantic, and Southwest. 

“United Capital and Apexium share a focus on growth, client service, and a financial-planning-led approach,” said Jim Rivers, President of United Capital. Apexium’s managing partners added that joining United Capital enhances their ability to deliver broader in-house capabilities—spanning tax and estate planning, business owner advisory services, investment management, and insurance solutions—while strengthening client experience and advisor support. 

The deal marks United Capital’s second acquisition since its 2019 sale to Goldman Sachs and its 2023 spinout to Creative Planning, signaling that the firm is re-entering the M&A arena with a renewed focus on scale, integration, and advisor-centric growth. United Capital now manages $17.2 billion across more than 41,700 client accounts, according to its most recent Form ADV. 

Sidley Austin LLP served as Apexium’s legal counsel and Decerno Advisors acted as M&A advisor. Apexium Financial is United Capital’s second acquisition this year, following The Paul Group in September 2025. 

Connect

Inside The Story

United Capital Financial AdvisorsApexium Financial LP

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints