Predict your next investment

Investment Bank
FINANCIAL | Investment Firms & Funds

See what CB Insights has to offer


Merger | Merged

About The Edelman Financial Group

The Edelman Financial Group (Edelman Financial) is a holding company that, through its subsidiaries and affiliates, provides investment advisory, wealth management, tax efficient estate and financial planning, and institutional services to clients ranging from individuals to corporations and financial institutions. On the institutional side, Edelman Financial companies provide equity sales, trading and research to a broad array of banks, retirement funds, mutual funds, endowments, investment advisors, hedge funds and insurance companies.In September 2012, The Edelman Financial Group agreed to be acquired by Lee Equity Partners for $8.85 per share in cash, for a valuation of $258 million.

The Edelman Financial Group Headquarter Location

5800 JPMorgan Chase Tower 600 Travis, Suite 5800

Houston, Texas, 77002,

United States


Latest The Edelman Financial Group News

Edelman Financial to Be Sold to Private Equity Group

Apr 17, 2012

Deal calls for the firm to be acquired and privatized for $258 million The well-known—and controversial—advisor, radio and television personality Ric Edelman (left) announced Monday that his Edelman Financial Group has entered into a merger agreement with Lee Equity Partners, a private equity firm, and will be acquired and privatized for $8.85 per share in cash, or about $258 million. The amount represents a premium of 43% over TEFG’s closing price Friday of $6.18, and a premium of 33% over TEFG’s volume-weighted average closing price over the last 20 trading days, according to the company. "They approached us several years ago and we spoke with them again last summer," Edelman told AdvisorOne . "We had three businesses we were involved in a while back which we no longer have, so they like the direction in which the firm is going. You'll have to ask Lee, but I think they like what we do and how we do it. " Complete your profile to continue reading and get FREE access to, part of your ALM digital membership. Your access to unlimited content isn’t changing. Once you are an ALM digital member, you’ll receive: Critical ThinkAdvisor information including continuing education articles and quizzes, Fact Sheets, Investing Guides, educational webcasts and videos, resources from industry leaders, and informative eNewsletters. Exclusive discounts on ALM and ThinkAdvisor events. Access to other award-winning ALM publications including, and

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.