Stanhope Capital and FWM announce merger
Creates $24.2bn wealth management firm
The merger is expected to close in the first quarter of 2021
Stanhope Capital and FWM Holdings, which owns the Forbes Family Trust, LGL Partners and Optima Fund Management, have merged to create a wealth management and advisory firm overseeing $24.2bn in client assets.
In a statement, wealth manager Stanhope Capital said the combined company will have 135 employees in six offices worldwide, with a "greatly enhanced" global investment team with capabilities across asset...
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