Private Advisor Group buys $1.86 billion Minnesota RIA
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The deal for Investors Financial Group suggests that Morristown, N.J.-based Private Advisor Group is in growth mode.
Private Advisor Group said Wednesday it acquired Investors Financial Group, a Minneapolis registered investment adviser with $1.86 billion in advisory assets.
Terms of the deal were not disclosed. With $30 billion in client assets, Private Advisor Group of Morristown, New Jersey, is the largest
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