FL Putnam to Acquire Red Granite
F.L. Putnam Investment Management Company (“FLP”) announced on September 2, 2026, that it had reached an agreement to acquire Red Granite (“Red Granite”). Under the terms of the transaction, Red Granite’s Milwaukee office will remain intact. Further terms of the transaction were not disclosed.
FLP, based in Lynnfield, Massachusetts, is an independent registered investment advisor that provides investment management, financial planning, and consulting services. FLP has over $12 billion in assets under management.
Red Granite, based in Milwaukee, Wisconsin, is an advisor group utilizing a large-cap growth equity investment strategy. Red Granite oversees approximately $1 billion in assets.
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