Shelton Capital Management to acquire Stringer Asset Management.

Shelton Capital Management, a Denver-based boutique investment firm, agreed to acquire Stringer Asset Management, a Memphis-based investment firm focused on risk-managed portfolio solutions. Financial terms are not disclosed. "The Stringer team is highly focused and brings their behavioral-focused approach to risk-managed portfolio design. Their ETF-based strategies are scalable, behaviorally informed and built for advisor implementation. This acquisition continues our strategy of partnering with talented investment teams and providing the marketing and distribution capabilities and scale they need to grow in today's market," Steve Rogers, Shelton Capital Management CEO.