First Trust Capital to acquire Veriti Management.

First Trust Capital, a venture capital firm, agreed to acquire Veriti Management, an investment advisory firm. Financial terms were not disclosed. “Customization through direct indexing empowers the advisor to deliver personalized and tax-advantaged solutions that better align with the investment objectives, values and interests of their clients. We are delighted to begin this partnership with the Veriti team and look forward to working together to service the advisor community," Ryan Issakainen, First Trust Senior Vice President.