Lebenthal Wealth Advisors, a private division of Lebenthal Holdings, announced today the acquisition of Heckman Global Advisors.

Founded in 1994 by Dr. Leila Heckman, Heckman Global Advisors is an equity research firm that specializes in global equity allocation, advisory, consulting and portfolio modeling services. Heckman’s research and interactive models are utilized by institutional investors, hedge funds, private equity and pension funds around the globe, according to the firm.

Prior to founding Heckman Global Advisors, Heckman led the International Equity Team at Mesirow Financial and also at Bear Stearns Asset Management. Before that, she was at Smith Barney as a managing director responsible for global asset allocation.

This acquisition reunites her with Jeffrey Lane, chairman of the board at Lebenthal Holdings, and Frank Campanale, chairman and chief executive officer at Lebenthal Wealth Advisors. The three previously worked together at Smith Barney.