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.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
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