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Monday, November 5, 2018

Citizens to buy wealth management firm in New York

Citizens Financial Group in Providence, R.I., has agreed to buy Clarfeld Financial Advisors, a wealth management firm in Tarrytown, N.Y. The $158.6 billion-asset company said in a press release Monday that the acquisition will allow it to provide a full suite of family office, investment, financial planning and tax and estate planning services to clients. Citizens did not disclose the price of the deal, which is expected to close late this year or early next year.
https://www.americanbanker.com/news/citizens-to-buy-wealth-management-firm-in-new-york

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