Pittsburgh-based Solenture has acquired Reedmark Advisors, an SEC registered investment advisor with $400 million in assets under management. The price was undisclosed.
“Reedmark’s institutional investment experience, coupled with its actuarial skills, have resulted in a stellar reputation in the markets the firm serves,” Solenture CEO Steven Price said in a statement. “Their capabilities will significantly enhance our ability to meet the demands of the marketplace and our clients.”
Since 1965, Solenture has provided management consulting, total rewards services and wealth management for public and private organizations, as well as individuals and families. It has more than $1 billion in assets under supervision or advisory on behalf of its clients, ranking it among the top management consulting and wealth advisory firms in the region.
