On April 30, 2019, Resolute Investment Managers, Inc. announced an agreement to acquire a minority interest in Green Harvest Asset Management. Under the terms of the transaction, Resolute Investment Managers, Inc. (“Resolute”) will provide additional distribution resources and operational support to Green Harvest Asset Management (“Green Harvest”). Both Resolute and Green Harvest will continue to operate independently. Concurrent with the announcement of this transaction, Green Harvest also announced that Brian Jacobs, its chief operating officer and head of distribution, will be promoted to president.
Resolute is a Texas-based asset management platform with $70 billion in assets under management as of March 31, 2019. Raymond James | Silver Lane served as advisor to Resolute.
Green Harvest is a Portsmouth, New Hampshire-based asset manager that specializes in tax-beneficial investment products and services through exchange-traded funds portfolios. Green Harvest had $40.5 million in assets under management and $116 million in assets under advisement as of March 31, 2019.
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