United Capital acquires $530 million Payne Wealth Partners
RIA firm based in Evansville, Ind., has 13 employees.
United Capital Financial Advisers has acquired the assets of Payne Wealth Partners, a registered investment adviser, in Evansville, Ind.
The firm’s 13 staffers managed $530 million in assets spread out among 300 households.
Headed by Taylor Payne, who will join Newport Beach, Calif.-based United Capital as a managing director, Payne Wealth Partners was founded in 1989 and co-owned by Ann Pendley and Perry Moore.
Terms of the acquisition were not announced.
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