InterFinancial Holdings, a Dallas, Texas-based financial holdings company, has acquired Capital 1st Trust, a Florida-based financial advisor...

InterFinancial Holdings, a Dallas, Texas-based financial holdings company, has acquired Capital 1st Trust, a Florida-based financial advisory services firm targeting high net worth individuals. Terms of the transaction were not disclosed. Capital 1st provides financial advisory services to private pension and retirement accounts through a network of registered investment advisors, insurance agents and brokers, with an emphasis on fixed income and insurance products. The firm also manages a hedge fund that specialises in high yield insurance products. It has three offices in Florida.