Perigon Wealth Management, a $4 billion registered investment advisory firm that's based in San Francisco, has acquired Nauset Wealth Management, a Westport, Connecticut-based RIA managing $330 million.
Michael Lombardo, who founded Nauset in 2000, will join Perigon as a partner. The firm's four-person staff will join him in making the move.
"We are excited to join Perigon at such a dynamic time for the firm," Lombardo said in a statement. "Perigon was the right partner to help grow our practice while maintaining our client-centric culture."
Separately, Perigon has hired Tom Tolleson, formerly with Catalyst Wealth Management in Atlanta. He will open an office in that city for Perigon.
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“We think this happened because of Anderson’s age and that he was possibly leaving,” said the advisor’s attorney.
The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
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From direct lending to asset-based finance to commercial real estate debt.
