Diversified US financial services company Marshall & Ilsley, headquartered in Wisconsin in America’s Mid-West, has completed the acquisition of wealth management firm North Star Financial, in order to expand its private client business into Chigaco. Earlier this year Marshall & Ilsley, a bank with $56.5 billion in assets, agreed to pay in $21 million in company stock for North Star, a firm with $1.6 billon in client assets in trust and wealth management services based in Chicago, Illinois. The bank said it would integrate North Star into its wealth management subsidiary to form the basis of the firm’s new Chicago location. M&I's Wealth Management unit provides trust, asset management, brokerage, and private banking services to individuals, institutions, and corporate clients. "This partnership will enable us to establish our wealth management services in an important new marketplace, while enhancing the product capabilities and resources for North Star's client base,” Kenneth Krei, senior vice president, Marshall & Ilsley Corporation, and president and chief executive of M&I Wealth Management, said of the acquisition. Headquartered in Milwaukee, Marshall & Ilsley Bank is the largest Wisconsin-based bank with 193 offices throughout the state, according to the company. In addition the company has another 47 locations throughout Arizona; 30 offices along Florida's west coast and central Florida; 17 offices in Kansas City and nearby communities; 18 offices in Minneapolis; three offices in Oklahoma; and one office in Las Vegas.