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Method Holdings Expands Investment Platform With PineBridge Deal

PineBridge Investments, the multi-asset class investment manager, has signed an agreement to invest in and provide services to Method Holdings’ wealth management platform for registered investment advisors.
Atlanta, GA-based Method focuses on aggregating and providing services to the wealth management subsidiaries of CPA firms. This deal will add PineBridge’s investment strategies, asset allocation and manager selection capabilities to the firm’s offering.
PineBridge managed around $69.5 billion in assets as of 30 September 2011, across listed equity, fixed income, private equity and hedge fund strategies. It has around 800 employees worldwide.