Buckingham acquires $782 million RIA

Buckingham Strategic Wealth, a St. Louis, Missouri-based registered investment adviser managing $50 billion, has acquired Confluence Wealth Management, a Portland, Oregon-based RIA managing $782 million.

Terms of the acquisition, Buckingham’s sixth this year, were not disclosed.

Founded in 2011, Confluence is headed by Kathleen Kee, who will remain with the firm.

[More: Competition outpaces COVID-19 woes for RIAs]

The post Buckingham acquires $782 million RIA appeared first on InvestmentNews.

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *