Midsize IBD to make its first $1B acquisition
Arete Wealth agreed to purchase Nashville-based Center Street Securities, which has 112 advisors and $1.04 billion in total client assets, the firm said Jan. 15. The parties didn’t disclose the…
Arete Wealth agreed to purchase Nashville-based Center Street Securities, which has 112 advisors and $1.04 billion in total client assets, the firm said Jan. 15. The parties didn’t disclose the…
CHICAGO, Jan. 15, 2021 -- Arete Wealth – an independent Broker-Dealer (BD), Registered Investment Advisor (RIA), and Insurance firm headquartered in Chicago – will acquire Center Street Securities in Q1 2021. Center Street…