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Edelman Financial Engines adds to Northern California presence with $490 million deal

Edelman California

The acquisition of Herrmann & Cooke Wealth Management adds 600 new clients to Edelman's base of more than 1.3 million clients.

Edelman Financial Engines has added $490 million and approximately 600 clients with the acquisition of Danville, California-based Herrmann & Cooke Wealth Management.

“Herrmann & Cooke has a strong focus on growth, and the firm’s priorities have long included developing its employees,

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