Stanhope Capital Group and FWM Holdings — owner of Forbes Family Trust, LGL Partners and Optima Fund Management (collectively, FWM) — have entered into a definitive merger agreement to create one of the world’s largest independent wealth management and advisory firms, overseeing $24.2 billion in client assets with 135 employees operating in six offices worldwide.
Upon closing of the transaction, Stanhope Capital and FWM will operate as a single company for all intents and purposes, particularly in the area of investment research and strategy, but they will retain their respective names under the Stanhope Capital Group umbrella.
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