Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that it was the lead bank in a $45 million participation loan for Modera Wealth Management, LLC (Modera)’s transaction with Parsec Financial Management, Inc (Parsec). Led by CEO Tom Orecchio, CFA®, CFP®, ChFC®, AIF®.
Cambridge Savings Bank Leads $45M Participation Loan for Modera Wealth Management, LLC s Transaction with Parsec Financial Management, Inc streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Modera Wealth Management, LLC has acquired Parsec Financial in a transaction that creates one of the largest independent wealth management firms on the East Coast.
Modera Wealth Management is buying Parsec Financial in a deal that will enlarge the firm’s footprint on the East Coast and boost its assets under management…