Announced
Completed
Financials
Tags
Domestic
Asset Managers and Custodians
United States
Majority
Friendly
Acquisition
investment advisor
Private
Completed
Single Bidder
Synopsis
Private Advisor Group, a wealth management firm, completed the acquisition of Investors Financial Group, a registered investment advisor. Financial terms were not disclosed. "Enabling advisor growth, helping advisors with their own legacy planning, and fostering a connected community are key principles that underpin our strategy at Private Advisor Group. This represents a special milestone as both firms will benefit from the scale and quality of combined resources. We're thrilled to welcome the IFG team and look forward to fueling the success of our advisor community together," Frank Smith, Private Advisor Group Head of Advisor Growth.
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