Cerity Partners, a Chicago-based registered investment advisory firm, has acquired EMM Wealth, a New York-based RIA managing $3 billion.
Cerity Partners now manages approximately $26 billion in assets, the company said in a release.
EMM Wealth, which has 36 employees, is led by co-CEOs Lloyd Abramowitz and David Aaron, as well as Thomas O’Brien, the chief financial officer.
Terms of the deal were not disclosed.
The top-ranked RIA by total AUM continues to scale its wealth management arm, bringing its Pennsylvania presence to five offices.
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
Chicago Partners Wealth Advisors is helping shape the platform's product roadmap after switching from a legacy system.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
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
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
