Print this article

Palm Beach Family Office Acquires Arizona Wealth Manager

Nick Parmee

4 January 2008

Florida-headquartered GenSpring Family Offices has bought Inlign Wealth Management. Based in Phoenix and founded by Mark Feldman in 2002, Inlign is a prominent wealth management firm in the southwestern US, with more than $2 billion in assets under advisement. The combined firm will assume the GenSpring Family Offices name, serving over 600 families with nearly $15 billion in assets under advisement. The terms of the transaction were not disclosed. Maria Elena Lagomasino, chief executive of GenSpring, said: "Inlign is a strong fit across the board. Their staff is passionate about working with families, and their location in Phoenix supports our plans for national growth. Most importantly, Inlign shares our approach to being on the family's side of the table and working on behalf of their best interests. We are thrilled to have them join the growing GenSpring family."