MDE Group Spins Off Asset Management Business

September 21, 2011

On September 19, 2011, The MDE Group announced that it had spun off its asset management business, which will operate independently as Risk 3.0 Asset Management, providing services exclusively to RIAs.


On September 19, 2011, The MDE Group announced that it had spun off its asset management business.  The resulting company will operate independently under the name Risk 3.0 Asset Management and will provide investment advisory services exclusively to Registered Investment Advisers.  The MDE Group has approximately $1.3 billion under management and provides wealth management services to high net worth families, corporate executives, endowments, and foundations.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions