On February 13, 2024, Twenty Four Wealth announced that it acquired Raymond Noel & Associates.
Twenty Four Wealth (“Twenty Four”) announced on February 13, 2024 that it had acquired Raymond Noel & Associates (“Raymond Noel”). Twenty Four CEO Anthony Truino and COO Michael Carbino will lead the combined firm. Further terms of the transaction were not disclosed.
Twenty Four, based in Darien, Connecticut, is a wealth management firm affiliated with Stratos Wealth Partners (“Stratos”). Twenty Four is a registered investment advisor offering operational, strategic and revenue-generating resources. Stratos is backed by Seward & Kissel client Emigrant Partners. As of January 2024, Stratos had $10.3 billion in assets under management.
Raymond Noel, based in Bedford, New Hampshire, is a wealth management firm serving individuals and businesses seeking financial strategies and wealth management solutions. As of February 2024, Raymond Noel managed $150 million in client assets.
To read the press release: please click here.