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French Boutique backer iM Global Partner acquires U.S. asset manager Litman Gregory Wednesday, March 10, 2021 Laxman Pai, Opalesque Asia: French asset manager iM Global has bought Litman Gregory, a San Francisco Bay Area wealth and asset management boutique as part of a plan to hit $100bn in assets over the next seven years. Litman Gregory, based in Walnut Creek, California, has $4 billion in assets under management and overseeing $2.2 billion of assets under advisory. iM Global Partner, founded by Philippe Couvrecelle in 2013, had around $20 billion of assets under management as of December 2020. The addition of Litman Gregory in the U.S. is expected to bring assets under management of the group to over $24 billion and will enhance distribution capabilities in the U.S. It further demonstrates iM Global Partner s commitment to continued cross-border growth in serving the needs of sophisticated investors, claimed a press release.

San francisco bayUnited statesWalnut creekOpalesque asiaPhilippe couvrecelleLitman gregoryLaxman paiExchange commissionSan francisco bay areaLitman gregory wealth managementIm global partnerWealth and asset management boutiqueAssets under managementAssets under advisoryசான் பிரான்சிஸ்கோ வளைகுடாஒன்றுபட்டது மாநிலங்களில்