On September 16, 2021, TRIA Capital Partners announced that it has made a minority investment in Modera Wealth Management, LLC.
Under the terms of the agreement, TRIA Capital Partners (“TRIA”) acquired a non-controlling minority share in WMS Partners (“WMS”). Further terms of the deal were not disclosed.
TRIA, based in Texas, is a registered investment adviser specializing in minority investments in wealth management firms.
WMS, based in Maryland, is an investment adviser providing wealth and estate planning services. WMS manages over $5 billion in assets.
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