Golden State Wealth Management has hired Curt Howard and Brian Rasmussen as wealth managers.

“I am pleased to welcome both Curt and Brian to the Golden State team. They come with a wealth of knowledge and experience and have impressive operations that align perfectly with our firm’s vision. Curt’s office marks our second location in Yuba City and Brian further expands our footprint in the greater Sacramento area,” said Daniel R. Catone, Founder and CEO of the Golden State family of companies.

Howard is the owner and founder of Curt Howard Wealth Management & Insurance Solutions. He is a financial adviser focused on value creation and planning strategies. He also holds a Bachelor of Science degree in Finance and Banking. With an experienced support staff, Howard has created a career in helping his clients make their dreams come true. In addition, he is an ally of and planner for public safety matters.

Rasmussen is the owner of Rasmussen Advisors. Furthermore, he is committed to helping clients meet long-term financial goals. He works closely with companies in developing and managing corporate retirement plans. In addition, he posts content on his podcast channel Retirement Explained.

Golden State is composed of Golden State Wealth Management, Golden State Asset Management, and also Golden State Equity Partners.

California deals

American asset manager Franklin Templeton has signed a definitive agreement to buy rival Legg Mason in an all-cash deal worth $4.5bn.

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Upon closure in the third quarter of this year, the takeover will increase Franklin Templeton’s assets to $1.5trn.

Franklin Templeton will also take on around $2bn of the debts of Legg Mason.

The merged group will trade under the name Franklin Templeton, with its global base in San Mateo, California.

However, Legg Mason’s investment affiliates will retain their autonomy. The investment philosophies, brands, and senior leadership of these affiliates will remain unchanged.