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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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Private Banker International broke the news on Wednesday, April 22, 2026.
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