Products
Data Sets
Integrations
Services
FUNDRAISING NEWS | February 06, 2025
Tags: RIA, Mergers / Acquisitions
Carnegie Investment Counsel announced its acquisition of Eagle Ridge Investment Management, located in Stamford, CT, adding $1.3B in client assets and 14 employees, while bolstering its presence in the New York metropolitan market.
According to its LinkedIn profile, Eagle Ridge was founded in 2008, providing portfolio management services for individuals and families, institutions, trustees and advisors, and investment advisors. Upon completion of Carnegie’s acquisition, Eagle Ridge will maintain its leadership team and staff.
Berkshire Global Advisors served as financial advisor and Alston & Bird acted as legal counsel to Eagle Ridge in the transaction. Carnegie Investment Counsel was advised by Schneider Smeltz Spieth Bell LLP as legal counsel.
Written By: Dakota
Kestra’s Bluespring Acquires $560M KY RIA Reliant Wealth
February 11, 2025
Merit Grows PA Presence with $233M Hershey Wealth Purchase
February 11, 2025
Report: Ishbia’s Shore Capital Seeking RIA Acquisitions
February 10, 2025
Prime Capital Enters Metro Atlanta with Purchase of $1B RIA Sugarloaf
February 10, 2025
Corient Acquires $600M Pittsburgh-area RIA Rootstock
February 06, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy
