Banyan Partners Acquires Silver Bridge Advisors

June 14, 2013

On June 4, 2013, Banyan Partners, LLC and Silver Bridge Advisors, LLC announced the acquisition of Silver Bridge by Banyan for an undisclosed sum.


On June 4, 2013, Banyan Partners, LLC and Silver Bridge Advisors, LLC, announced that Banyan Partners will acquire Silver Bridge Advisors for an undisclosed sum.  Following the transaction, Banyan Partners will have approximately $3.4 billion in assets under management.  Banyan Partners is an independent investment advisor headquartered in Palm Beach Gardens, Florida.  Silver Bridge Advisors is a Boston-based boutique wealth management firm.  The transaction, expected to close in August 2013, is subject to customary closing conditions.  The terms of the transaction were not disclosed.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions