F.L. Putnam acquires Atrato Advisors
The purchase of the investment boutique will provide the RIA with expertise in alternatives.
F.L. Putnam Investment Management, a Wellesley, Massachusetts-based registered investment adviser managing $3.7 billion, has acquired Atrato Advisors, an alternative investment research and advisory firm based in New York that manages $960 million.
Financial terms of the deal were not disclosed.
“The combined practice will be known as Atrato Consulting and will deliver tailored investment consulting solutions to F.L. Putnam’s high-net-worth and institutional clients across the entire range of public and private investment strategies including traditional, alternative, and impact-related opportunities,” Putnam said in a release.
[More: Alternative investment sales skyrocket in 2021]
Money still pouring into ESG funds
Learn more about reprints and licensing for this article.
