Perigon Wealth Management, a registered investment adviser headquartered in San Francisco, has merged with RLP Wealth Advisors, a New York and Boca Raton, Fla.-based RIA, creating an advisory firm with approximately $1.8 billion in assets under management.
The merged firm, which will operate under the name Perigon Wealth Management, will maintain offices in California, Florida, Hawaii, Montana, New Jersey and New York.
Arthur Ambarik will continue as CEO of the combined firm and RLP’s Jeremy Paul will become president.
Both firms received support for the merger from their joint strategic partner, Merchant Investment Management.
LPL has closed 56 deals in its succession program, using $690 million of capital, according to William Blair analyst Jeff Schmitt.
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Unequal life expectancy, emotional decision-making, and market swings are rewriting the rules, forcing a rethink on everything from default plans to annuities.
Meanwhile, Wells Fargo reels in a veteran from JPMorgan in Las Vegas, Nevada.
Maine lawmakers have passed a bill authorizing financial institutions to delay disbursements if they suspect financial exploitation of residents aged 62 or older.
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