On June 3, 2026, Wellington Management announced its plan to acquire Hartford Funds.
Wellington Management (“Wellington”) announced, on June 3, 2026, its plan to acquire Hartford Funds (“Hartford”). The transaction, which has a net present value of approximately $1.9 billion, is expected to close in Q1 2027. Hartford Funds will integrate into Wellington’s U.S. Wealth business via the deal and will function under the Wellington brand. Further terms of the transaction were not disclosed.
Wellington, based in Boston, is a full-service, independent registered investment advisor providing wealth management and investment services. Wellington has approximately $1.35 trillion in assets under management.
Hartford, based in Wayne, Pennsylvania, is a registered investment advisor specializing in wealth management. Hartford Funds had approximately $160.2 billion in assets under management.
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