People Moves
Pennsylvania Firm Expands Financial Advisory Practice With RIA Acquisition
Univest Corporation of Pennsylvania is taking its AuM to $3 billion and strengthening its financial advisory capabilities by acquiring Girard Partners, a registered investment advisory firm with more than $500 million in AuM.
Univest Corporation of Pennsylvania is taking its AuM to $3 billion and strengthening its financial advisory capabilities by acquiring Girard Partners, a registered investment advisory firm with more than $500 million in AuM.
Girard Partners will continue to operate with its present management structure out of their main office in King of Prussia, PA, and satellite offices in Richmond, VA, and Fort Myers, FL.
Univest Wealth Management currently has $2.5 billion in AuM through its trust, broker-dealer and investment advisory affiliates.
The deal is expected to close in January 2014.
