Bellatore buys S.F., Colorado financial advisory firms
Bellatore Financial Inc. Monday said it has agreed to acquire San Francisco-based Advisor Partners LLC as a wholly-owned subsidiary and completed a financial agreement to acquire Colorado-based Capital Allocation & Management.
Advisor Partners offers portfolio solutions, including customized core equity portfolios with the added benefit of tax management. It reports $350 million in assets under management and relationships with more than 40 financial advisory firms across the country.
Advisor Partners is slated to operate as a distinct and autonomous business unit with all members of the investment team remaining in their current capacities (cash loan). Advisor Partners Chairman Andrew Rudd was named to the firm’s investment committee.
Capital Allocation provides professional investment management and consulting services to independent financial advisors through a suite of investment programs, management services, market analysis and marketing services. The outfit will operate as a wholly-owned Bellatore subsidiary. Key members of Capital Allocations management will maintain leadership roles throughout the transition.
Filed under: finance by Wolf