Captrust gets $5bn Boston ma Financial Administration

.Among the largest RIAs to seek a sale in 2024 is actually moving to Captrust.Captrust uncovered on Thursday that it has acquired Boston Financial Management (BFM), a wealth and property manager along with roughly $5bn in client resources. The offer is actually the 6th that Captrust, which manages roughly $1tn in riches and also retirement assets, has hit in Massachusetts over the last five years.’ Essentially from the first day up until today, our interest for this deal continued to build,’ Captrust handling supervisor Wilson Hoyle (visualized) informed Citywire. ‘Each and every single interaction our experts had with all of them received our team thrilled, and also the more our team learned, the more excited our team got.

That has certainly not changed today.’.