Federal Street Advisors merges with Pathstone Family Office

January 15, 2016

On January 5, 2016, Federal Street Advisors announced that it had merged with Pathstone Family Office to create Pathstone Federal Street, a wealth advisory firm with in excess of $6.5 billion of advisory assets under management.

Matthew Fleissig of Pathstone Family Office will become President of Pathstone Federal Street (“Pathstone”). Federal Street Advisor’s Eric Godes and Jennifer Murtie will be Chief Operating Officers, and Kristin Fafard will continue as Chief Investment Officer. Pathstone also appointed new Managing Directors as part of the transaction. The combined firm will serve 190 clients from its four offices.

Pathstone Family Office is an employee and family owned, independent advisory firm that offers wealth management and investment services to multigenerational families and institutions. Federal Street Advisors provides investment consulting and wealth advisory services. The transaction was financed by Fiduciary Network and Colchester Partners acted as financial advisors to Federal Street Advisors.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions