Boenning & Scattergood Acquires Columbus Macro | Business & Finance

Craig Columbus (Photo: Business Wire)

This acquisition establishes a foothold for Boenning & Scattergood in the institutional asset administration business enterprise and advances the firm’s strategic eyesight to create a best-in-class wealth and investment decision management platform. “This is a milestone minute in our company’s record and a exclusive possibility to join two companies with related visions and shared values,” claimed Michael Mara, President of Boenning & Scattergood. “The acquisition demonstrates Boenning’s goal to provide our advisors and shoppers access to a better depth of proprietary sector insights and skills, enhanced asset management abilities, and skillfully managed portfolio options.”

Craig Columbus, CEO of Columbus Macro, is one particular of Wall Street’s most revered strategists and revolutionary thinkers. He founded his eponymous organization in 2016 with a mission to produce energetic, global expense methods that support shoppers in obtaining their money targets and requires. The agency specializes in energetic world investing and risk management for transforming current market conditions though using multi-asset portfolios, main strategies for particular asset courses, and tailor made-made portfolio solutions. Mr. Columbus and his expenditure crew are regarded through the sector for their demanding financial commitment process, differentiated investigate insights, and threat administration self-discipline.

“My colleagues and I are pretty excited to be a part of a firm with the tradition, talent, and capabilities of Boenning & Scattergood. I have good respect for the society of the business and appear forward to being section of the up coming chapter in its wealthy history,” claimed Mr. Columbus.

Mr. Columbus will carry on to be CEO of Columbus Macro though also getting named Chief Financial investment Officer of BSA. He will report to Andrew Maddaloni, Head of Asset Administration.

“I am honored and excited to have Craig and the full Columbus Macro workforce be part of our company,” mentioned Mr. Maddaloni. “Having somebody of Craig’s caliber, status, and qualifications noticeably boosts the abilities and methods we can give to our monetary advisors and clients. It also catapults us into the institutional asset management place and produces an thrilling new foundation for advancement at Boenning & Scattergood.”

About Boenning & Scattergood

Set up in 1914, Boenning & Scattergood is just one of the oldest unbiased regional securities, wealth management, and financial commitment banking firms in the country. Industry experts at the company deliver specific investors, corporate and municipal clients, and institutions a entire complement of money expert services, together with brokerage, prosperity management, equity investigate, fairness and fastened cash flow product sales and investing, investment decision banking, community finance, equity solution method, and asset management. For much more details, you should take a look at www.boenninginc.com. Member FINRA / SIPC.

Speak to: Andrew Maddaloni

Manager, Marketing and advertising & Corporate Communications

Keyword: UNITED STATES NORTH The us PENNSYLVANIA

Field Keyword: Specialist Expert services Coverage FINANCE CONSULTING BANKING ACCOUNTING

Source: Boenning & Scattergood

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PUB: 03/31/2021 09:15 AM/DISC: 03/31/2021 09:15 AM