United Capital Swallows $170 AUM Planning Firm Vantage Point To Beef Up Its Philadelphia Presence

Thursday, March 24, 2011 22:38
edit
United Capital Swallows $170 AUM Planning Firm Vantage Point To Beef Up Its Philadelphia Presence

Tags: financial planning | M&A

Acquisition-hungry Newport Beach wealth manager United Capital is at it again, this time buying a Philadelphia financial planning shop and its $170 million in AUM.

This Website Is For Financial Professionals Only


 

Buying Vantage Point Advisors gives United Capital better reach into Philadelphia society as well as local institutional circles -- and plenty of planning-oriented expertise.

 

If anything, the incremental AUM add seems almost trivial when you consider that United Capital has already grown to become a $13 billion national behemoth in its 5-year lifespan.

 

This, in turn, highlights the firm's M&A strategy: buy synergistic fits, not just brute scale. It will be interesting to see just how well the newly renamed "United Capital Private Wealth Counseling" integrates into the larger picture -- and how well it can project its new identity into the Philadelphia market.

 

 

 

Comments (0)

Write comment

You must be logged in to post a comment. Please register if you do not have an account yet.

busy