XML Financial to Acquire Collins Investment Group

July 21, 2021

On July 1, 2021, XML Financial Group announced that it will acquire Collins Investment Group.

Pursuant to the agreement, XML Financial Group (“XML”) will acquire Collins Investment Group (“CIG”). The transaction, subject to customary closing conditions, is expected to close in the third quarter of 2021. Further terms of the deals were not disclosed.

XML, based in Rockville, Maryland, is a Focus Financial Partners Inc.-backed independently managed fee-based financial advisory firm that provides wealth management services to high-net-worth individuals, families, and businesses. XML manages approximately $1.3 billion in client assets.

CIG, based in Bethesda, Maryland, is a Wells Fargo-affiliated fiduciary wealth management practice.

To read the press release: please click here.


Investment Manager M&A, Transactions