Wintrust to acquire two North American asset management businesses of Rothschild & Co.

Wintrust Financial, a financial holding company, agreed to acquire two North American asset management businesses of Rothschild & Co, a multinational investment bank and financial services company. Financial terms were not disclosed. “We have been very pleased with the growth in our wealth and investment management businesses at Wintrust. The addition of Rothschild & Co Asset Management US to our team at Great Lakes Advisors will bring further scale, capabilities, and investment talent to the organisation as it strives to deliver superior investment strategies to its growing institutional, intermediary, and private wealth clients. We are thrilled to welcome the Rothschild & Co Asset Management US team with its excellent reputation in the industry and an investment approach that aligns so well with our own core principles," Edward J. Wehmer, Wintrust Founder and CEO.