Merchant takes minority stake in Truvestments
The investment will help Truvestments share its Demogronomics model for investment management and client engagement on a larger scale.
Merchant Investment Management, a New York-based investment firm specializing in the financial services industry, has made a minority investment in Truvestments Capital, a Sarasota, Florida-based registered investment advisory firm managing $300 million.
The investment, terms of which were not disclosed, will help Truvestments share its Demogronomics model for investment management and client engagement on a larger scale.
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