First Western Acquires Financial Management Advisors, LLC., a $1.5 Billion Money Manager in Los Angeles
Denver firm doubles assets under management and establishes presence in California.
First Western Investment Management, an affiliate of First Western Trust Bank (), the premier private bank for the western wealth management client and one of the fastest growing in the west, today announced an agreement to acquire the assets of Financial Management Advisors, LLC (FMA), a Los Angeles-based independent registered investment advisor.
The transaction more than doubles the investment capabilities of First Western, which currently manages approximately $1.4 billion in assets for private clients.
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