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Cambridge Savings Bank Leads $45MM Participation Loan for Modera Wealth Management's Transaction with Parsec Financial Management - News

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®. ....

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Cambridge Savings Bank Leads $45M Participation Loan for Modera Wealth Management, LLC's Transaction with Parsec Financial Management, Inc.

Cambridge Savings Bank Leads $45M Participation Loan for Modera Wealth Management, LLC's Transaction with Parsec Financial Management, Inc.
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Modera Wealth Management Acquires Parsec Financial

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. ....

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Modera acquires $3.75B RIA Parsec Financial | Financial Planning

One of the largest fee-only advisory firms in the country picked up a team that has grown by a factor of 9 over the past three decades. ....

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With New Acquisition, Modera Pole Vaults Above $10 Billion in AUM

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… ....

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