Business & Tech
Beverly Hills Wealth Management Acquires Small Money Manager
McComsey Asset Management claims compliance with global investment performance standards and will migrate its track records to BHWM Asset Management.
Beverly Hills Wealth Management (BHWM), located at 9454 Wilshire Blvd., announced its purchasing of small money manager McComsey Asset Management with $29 million in assets, reports Investment News.
A new unit of BHWM, the firm will be renamed BHWM Asset Management. The terms were not disclosed.
Clients of BHWM reportedly wanted to see its own asset management offering, and the addition pushes BHWM over the $500 million mark.
Click here to read the full story.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.