A round-up of people moves and M&A deals across North America
M&A
Seattle-based Coldstream WM is to merge with Paracle Advisers.
The combined RIA group, under the Coldstream brand, will have $5.7bn (£4.1bn, €4.7bn) in client assets.
The financial details of the deal were not disclosed.
Kevin Fitzwilson, Coldstream’s managing shareholder, said: “We’re thrilled to partner with Paracle Advisors and to bring our two firms together in what we view as a true merger of equals.
“Successfully combining two leading RIA firms, without inviting private equity or outside equity capital, supports our joint leadership team’s commitment to independence, in spirit, strategy and service to our clients.”
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A couple of skiers try their luck on the moguls as the sunlight creates a nice visual pattern effect at Snow Valley Ski Club in Edmonton. Sometimes the simplest photographs are the most appealing to the viewers. What makes the picture is the contrast of the sun and shadows creating the pattern effect. If the sun was not shining you can hardly make out the moguls from that distance.
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