F.L. Putnam Investment Management, a Wellesley, Massachusetts-based registered investment adviser managing $3.7 billion, has acquired Atrato Advisors, an alternative investment research and advisory firm based in New York that manages $960 million.
Financial terms of the deal were not disclosed.
“The combined practice will be known as Atrato Consulting and will deliver tailored investment consulting solutions to F.L. Putnam’s high-net-worth and institutional clients across the entire range of public and private investment strategies including traditional, alternative, and impact-related opportunities,” Putnam said in a release.
New Morgan Stanley research shows retirement planning is a key area where advice is required.
ASA reacts as regulator drops no-deny policy, freeing firms and individuals to publicly dispute allegations after reaching settlements.
Joel Frank allegedly sold more than $39 million worth of investments in the Equilus Funds to more than 90 investors,
The Charity Parity Act would eliminate a costly IRA rollover requirement that blocks direct charitable transfers from workplace retirement plans.
A last-minute court filing ends a case against the federal tax-collecting agency that had drawn unprecedented conflict-of-interest questions from Democratic critics.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
