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Cerity Partners Merges with California Wealth Manager Sullivan and Serwitz
Thursday 23 January 2020

23 January 2020 - Illinois, US-based financial advisory firm Cerity Partners has merged with California-based wealth management firm Sullivan and Serwitz (S and S) to add USD 1bn to assets under management (AUM), the company said.
Terms of the merger transaction were not disclosed.
With this merger, Cerity Partners now manages approximately USD 26bn in assets.
S and S offers holistic wealth management, including financial planning and investment advisory services, to affluent individuals and families across the country.
S and S merged with Cerity Partners to expand the service offerings available to its clients and to ensure a sound succession plan for its clients and colleagues.
Echelon Partners served as financial advisor to Sullivan and Serwitz for this transaction.
Cerity Partners is a national registered financial advisory firm serving high-net-worth individuals and their families, businesses and their employees, and nonprofit organisations from its offices across the country.
Details
Date Published: 23/01/2020
Target: Sullivan and Serwitz (S and S)
Country: USA
Sector: Banking/Financial Services
Type: Merger
Financing:
Status: Closed
Vendor:
Buyer: Cerity Partners
Comment:
Terms of the deal were not disclosed

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