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Steward Partners Completes Umpqua Investments Acquisition


Steward Partners Completes Umpqua Investments Acquisition
Deal Adds $3.4 Billion in Client Assets and 22 Advisors to Partnership and Expands Reach to West Coast
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WASHINGTON, April 23, 2021 /PRNewswire/  Steward Partners Holdings, LLC an employee-owned, full-service independent partnership, has closed on its acquisition of Umpqua Investments Inc., a registered broker dealer and registered investment adviser, from Umpqua Holdings Corporation (NASDAQ: UMPQ). The entity has been renamed Steward Partners Investment Solutions, LLC. The acquisition marks Steward Partners planned expansion into the Pacific Northwest and will add 22 financial advisors managing $3.4 billion in client assets generating $15 million in revenue and raises Steward Partners total client assets under management to more than $22 billion. ....

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Steward Partners Lures $500M AUM Morgan Stanley Team


Steward Partners has added the Poljak Group to its quick-growing list of firms.
Poljak Group, a former Morgan Stanley team who managed $500 million in assets under management, joined Steward Partners, a Raymond James affiliate last week. The move was announced Tuesday. 
Poljak Group deals with multi-generational families and entrepreneurs across various industries and was named by Morgan Stanley as one of the largest wealth management practices in North Louisiana and East Texas. As a Steward Partners firm, the Poljak Group brings the RIA into the Shreveport, La. market.
Brothers Denis, 51, and Davor Poljak, 49, were with the wirehouse for 11 years. This is the next phase of their careers, said Denis Poljak.  ....

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