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Carson Wealth affiliate acquires $126 million RIA

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Boston-area RIA Atlantic Capital Management has been bought by Andrew Nigrelli

Andrew Nigrelli, whose Waltham, Mass.-based advisory business manages $230 million in assets through the Carson Wealth RIA, has acquired the business of Atlantic Capital Management of Holliston, Mass., a registered investment adviser managing $126 million.

William Newell, who ran Atlantic, as well as another wealth adviser and Atlantic’s operations manager are joining the Nigrelli team.

Nigrelli, who formerly ran a hybrid firm, joined Carson Wealth earlier this year.

[More: Carson expungement illustrates problem with system, lawyers say]

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