Congress Wealth Management Acquires MainLine Private Wealth to Expand National Footprint.
MANews-(C)2009-2023
Boston-based independent registered investment advisor Congress Wealth Management LLC has acquired Pennsylvania-based RIA MainLine Private Wealth LLC to expand footprint and enhance service offerin for HNW and UHNW clients, the company said.
Terms of the deal are not disclosed.
The acquisition represents the first add-on for Congress since Audax Private Equity completed a strategic investment in the firm in June of this year.
Prior to the investment, Congress had completed six acquisitions since...
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