A round-up of people moves and M&A deals across North America
M&A
Wealth Enhancement Group
The independent wealth management firm has acquired North American Management (NAM), an independent registered investment adviser (RIA) firm based in Boston.
Founded in 1928, NAM provides planning-oriented wealth management, trust services and a range of investment offerings, including individual security portfolios, to ultra-high net worth individuals, families, endowments/foundations, and business owners nationwide.
The acquisition will bring a team of 20 individuals, including nine financial advisers, to Wealth Enhancement Group.
The financial terms of the transaction were not disclosed.
Focus Financial Partners
The partnership of independent, fiduciary wealth management firms has brought RIA firm Rollins Financial into the group for an undisclosed sum.