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Access here alternative investment news about Hanson Mcclain To Acquire Simply Money Advisors
Private Equity

Hanson Mcclain To Acquire Simply Money Advisors

by fa-mag.com posted 6months ago 92 views
Hanson McClain Advisors announced plans to acquire Simply Money Advisors, giving the company a total of about 6,000 clients and $3.3 billion in total assets under management. Sacramento, Calif.–based firm Hanson McClain is an independent investment advisory firm. It agreed to the acquisition after reaching out to private equity firm Parthenon Capital Partners for assistance with its growth strategy in 2017, according to a press release. Simply Money, an independent investment advisor based in Cincinnati, has $780 million in AUM and Hanson McClain manages $2.5 billion assets.