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Argos Wealth Advisors sells minority stake to Merchant

Argos Wealth

Merchant Investment Management continues to build up a portfolio of minority ownership stakes with the deal with $775 million, California-based Argos.

Argos Wealth Advisors, a $775 million registered investment adviser based in Sacramento, California, has sold a minority ownership stake to Merchant Investment Management.

Merchant distinguishes its business from that of traditional private equity investors by describing its model as an equity ca

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