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FL Putnam buys Michigan RIA Arcadia
Summary by Private Banker International
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1 Articles
FL Putnam buys Michigan RIA Arcadia
FL Putnam Investment Management Company has purchased Arcadia Investment Management Corporation, a registered investment adviser in Kalamazoo, Michigan, overseeing more than $670m in assets. The transaction marks FL Putnam’s first purchase in the Midwest and establishes its first office in the region. Arcadia, set up in 1987, works with high-net-worth clients and families as well as endowments and foundations. Its leadership team includes pr…
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