Easterly Investment Partners, a Beverly, Massachusetts-based asset management company, has entered into a definitive agreement to acquire an equity interest in Snow Capital Management, a value equity manager based in Sewickley, Pennsylvania.
The transaction, terms of which were not disclosed, is expected to close by July 1.
Snow Capital manages $1.6 billion in assets. When combined, Easterly and Snow entities will manage approximately $5 billion.
Despite record plan participation, many workers remain at risk of inadequate retirement savings as Social Security’s future grows more uncertain.
New tie-ups with Advyzon, RightCapital and PreciseFP reflect growing demand for flexible, connected tools.
The recently rebranded Focus Partners Wealth is growing again, this time with a pending deal for a Fairfax, Virginia advisory firm.
The transaction significantly expands the firm's reach and capabilities.
Northern Trust is "absolutely loaded with wealthy clients," one executive said.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
