Fiduciary Trust
Fiduciary Trust Company International, the global wealth management unit of Franklin Resources, announced it has acquired The Pennsylvania Trust Company, based in Radnor, Pa., near Philadelphia. Pennsylvania Trust, with about $4 billion in assets, is an independent, employee-owned company founded in 1986.
Creative Planning
Creative Planning Inc., one of the nation’s largest RIAs, announced the acquisition of Stratford Consulting, an RIA firm located in Addison, Texas. Stratford Consulting provides comprehensive financial planning and investment management for clients with approximately $618 million AUM.
Cerity Partners
Cerity Partners adds $1 billion AUM Sullivan & Serwitz in California. With the merger, Cerity Partners now manages about $26 billion in assets.
Vasyl Soloshchuk is CEO and co-owner at INSART, a FinTech engineering company. Vasyl is also the author of WealthTech Club, which conducts research into fortune and startup robo-advisor and wealth management companies in terms of the technology ecosystem.