Illinois-based wealth manager Noyes has launched a family office practice through the acquisition of Kiely & Associates, a local tax and accounting firm, for an undisclosed amount.
Established by John Kiely 25 years ago, Noyes has till now been focusing on wealth management, investment banking, financial planning, and capital markets.
The latest deal adds family office, tax, and business solution to its services roster.
“The decision to integrate my practice with Noyes was driven by our shared belief that clients’ needs come first. Noyes’ 110-year-old reputation and their holistic approach to financial decision-making could not be a better fit. The fact that Noyes is employee-owned and developing new client services reflects the foresight and care that clients need,” Kiely said.
Noyes COO Matthew Reynolds said: “This acquisition and launch of family office services exemplify Noyes’ dedication to delivering a client-centric, financial advisory platform with unparalleled capabilities to financial advisers who provide holistic advice.”
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By GlobalData