Strategic Wealth Partners Group, an Illinois-based investment advisory firm, has acquired Park Place Capital Management, a Wisconsin-based independent asset management consulting firm.
The deal, whose financial terms were not disclosed, marks Strategic Wealth’s foray into the Winconsin market.
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All employees, including Park Place president and principal William Perry, will join Strategic Wealth as part of the deal and will continue to work from Milwaukee.
Strategic Wealth principal and co-founder Neal Price said: “We are very excited to welcome the Park Place Capital Management team into the Strategic Wealth Partners family.
“As we continue to implement our growth strategy, we look forward to working with the Park Place team to deliver to clients the high level of service and expertise they have come to expect.”
“Our cultures are very similar. Bringing these two teams together is an excellent fit and will be a great benefit for clients,” Perry said.
