Dec 14, 2021

Image source: Getty Images The MA Financial Group Ltd  (ASX: MAF)  share price is frozen today after the company requested a trading halt. Before the freeze, the MA Financial Group share price was trading at $8.45 apiece. Let’s take a look at what the company announced today. Why is the share price on ice? MA Financial Group has been granted a trading halt pending a company announcement. The update is expected to be noteable, with the company indicating it could involve a significant acquisition. The Australian Financial Review reported MA Financial Group is in talks to takeover Finsure, which is owned by BNK Banking Corp Ltd (ASX: BBC) . BNK Banking Corp also went into a trading halt on Tuesday pending an announcement. What is happening at MA Financial? MA Financial has a significant market capitalisation of more than $1.3 billion. The company, formerly known as Moelis Australia, offers corporate advisory, equity, and asset management solutions to clients. The company has also recently acquired an iconic Adelaide city office building in partnership with Centuria Capital Limited (ASX: CNI) . MA Financial share price snap shot In the last 12 months, the MA Financial share price has soared 68%, rallying 78% in the year to date. Despite this, it’s slipped 3.54% in the last month but gained 0.84% in the past week. For perspective, the benchmark  S&P/ASX 200 Index  (ASX: XJO) has returned nearly 11% in the past year. Should you invest $1,000 in MA Financial right now? Before you consider MA Financial, you'll want to hear this. Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and MA Financial wasn't one of them. The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more. * And right now, Scott thinks there are 5 stocks that are better buys.