Deal snapshot: CAPTRUST CONTINUES RAPID GROWTH WITH ADDITION OF USD 1.4BN LONG ISLAND-BASED FCE GROUP.
MANews-(C)2009-2018
US-based investment advisor Captrust Financial Advisors has acquired the USD 1.4bn wealth advisory firm FCE Group, the company said. This marks Captrust's third merger of 2018 and brings a total of 23 new colleagues to the Captrust organisation, which now has more than 480 employees across 38 offices in 20 states.
FCE Group was founded in 1981 and is led by chairman David H. Schwartz, and CEO Fred Sloan. The firm has a 37-year history of providing clients with independent, holistic wealth management services.
Country: USA
Sector: Banking/Financial Services
Target: FCE Group
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