Parsonex Enterprises completed the acquisition of E. Magnus Oppenheim.

Parsonex Enterprises, a financial services conglomerate which owns several subsidiaries focused on investments, financial planning, advice and media, completed the acquisition of E. Magnus Oppenheim, a stock broker. Financial terms were not disclosed. "This acquisition enhances our offerings and enables us to better serve our clients by incorporating in-house industry-leading investment management services. Our firms' are culturally and philosophically aligned in that we both prioritize long term, goal-based investment solutions, customized asset management and a focus on serving clients with excellence. We look forward to carrying forth the legacy and reputation that Mr. Oppenheim created," Jonathan Miller, Parsonex CEO.