Florida’s Haisman Wealth Management has merged its operations into Carnegie Investment Counsel bringing a permanent presence of the Ohio-based money manager to Florida, reported Fort Myers Florida Weekly.
The merger that commences with immediate effect will move every client of Haisman Wealth Management to Carnegie yielding a combined asset of over $950m under management.
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Donald Haisman, CFP of Haisman Wealth Management, has joined Carnegie team as managing director along with other key staff providing Carnegie a permanent office in Florida.
Haisman, said, "This merger is a natural consequence of our past close cooperation, not only with portfolio management, but also with comprehensive wealth management."
Richard Alt, principal and CIO of Carnegie, said, "Clients will see positive changes as part of the merger, including deeper investment expertise, enhanced wealth management advice and improved technology.
"It is a formula that has always resonated well in the conservative Midwest and has gained popularity in Florida and elsewhere in recent years in the aftermath of the Great Recession, aging baby-boomers and a backlash against Wall Street."
