On September 10, 2024, Confluence Financial Partners announced that it acquired Cashdollar & Associates LLC.
Confluence Financial Partners (“Confluence”) announced, on September 10, 2024, that it acquired Cashdollar & Associates LLC (“Cashdollar”). The deal closed on August 29, 2024. Confluence will welcome 15 employees including Cashdollar’s founder Dave Cashdollar. Further terms of the transaction were not disclosed.
Confluence, based in Pittsburgh, Pennsylvania, is a registered investment advisor that provides wealth planning and investment advisory services. As of September 4, 2024, Confluence managed approximately $3 billion in client assets.
Cashdollar, headquartered in Grove City, Pennsylvania, is a wealth management firm that provides financial planning and investment management services. Cashdollar had approximately $1.9 billion in assets under management.
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