Cary Street Partners to acquire RIA Waypoint Advisors.
BANKING AND CREDIT NEWS-June 25, 2020-Cary Street Partners to acquire RIA Waypoint Advisors
(C)2020 M2 COMMUNICATIONS http://www.m2.com
Cary Street Partners Financial LLC, a US financial services firm, has agreed to acquire Virginia Beach-based independent registered investment advisor Waypoint Advisors to expand geographic presence in Virginia, the company said.
Terms of the transaction were not disclosed.
The combined firms will manage approximately USD 4bn in assets and provide comprehensive wealth management solutions to individuals, families and institutions. The transaction is scheduled to close at the end of June.
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