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.”
Mark Springett joins AmeriLife as Senior Vice President, Enterprise Data and Analytics
Twenty-five-year insurance industry veteran brings hands-on experience in data and analytics, leading data science, data, BI and IT teams
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CLEARWATER, Fla., May 4, 2021 /PRNewswire/
AmeriLife Group, LLC ( AmeriLife ), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, is excited to announce the addition of Mark Springett as senior vice president, Enterprise Data and Analytics.
Springett most recently served as head of Data Science, Business Intelligence (BI) and Data at Allianz Life, where he built the Enterprise Data Science and BI Center of Excellence, spearheaded the enterprise analytics transformation and developed an overall enterprise data strategy that was optimized for reporting and analytics.