The latest deals and transactions in and around the North American wealth management sector.

Mesirow, Front Barnett
Chicago-headquartered financial group Mesirow has brought the RIA firm Front Barnett Associates under its umbrella.

The business will run as a distinct platform within the broader Mesirow Wealth Management offering. The transaction – the financial terms of which were not disclosed – is expected to close in late September, subject to customary closing conditions. 

There will be no change to the Front Barnett mission, investment process, and day-to-day operations which will continue to be led by Marshall B Front, Mickey MacMillan and Peter Wahlstrom CFA, CFP®. The team will go to market as Front Barnett, A Mesirow Company, Mesirow said in a statement yesterday. 

Front Barnett Associates was founded in 1994.

“We will gain additional expertise and support in managing compliance, technology and administrative matters as we continue to seek competitive investment returns and deliver the high level of personalized financial advice and communications our clients expect,” Front said.