We provide financing to wealth management firms so they can:
- Fund an internal transition of ownership
- Acquire other wealth managers
- Buy out outside/inactive shareholders
Brouwer & Janachowski, LLC Announces Merger with Stanley F. Green, LLC
On September 6, 2013, Brouwer & Janachowski, LLC, a Marin County-based RIA that partnered with FN in 2008, signed a definitive agreement to merge with Stanley F. Green, a fee-only RIA headquartered in Larkspur, CA. The firms, which will consolidate operations and staff at Brouwer & Janachowski’s Tiburon offices, will have a combined $1.1 billion in client assets under management after closing. FN has entered into agreements to provide financing for up to 100% of the purchase price in the transaction, which will be FN’s 14th deal. The transaction also will be Brouwer & Janachowski’s second merger with a local advisory business – the firm, with financing provided by FN, acquired Seton Smoke Capital Management in 2008.
FN RELEASES NEW WHITE PAPER
The wealth management industry is at a crossroads: heightened competition, increasing operational complexity, accelerating compensation costs and the inevitable retirement of many of the industry’s pioneers are poised to reshape the industry. In its latest white paper, “Brave New World of Wealth Management,” FN examines the current shape of the industry and considers how the landscape is likely to evolve over the next decade.