Broadshore Capital Partners has announced that its management team, led by Brad Howe, the firm’s CEO, has acquired the majority ownership interest formerly held by the Guardian Life Insurance Co. of America, completing a strategic transition to being a fully independent, management-owned firm.
“Guardian has had an ownership stake in our business for more than 15 years, and we are deeply grateful for their partnership and support. Moving forward as an independent, management-owned firm allows us to be more agile, entrepreneurial and aligned with the long-term interests of our clients and our management team,” says Howe.
The transition to full independence will not affect the firm’s day-to-day operations or client relationships. The existing leadership team will continue to guide the company, with no material changes to senior management or investment personnel.
“Completing this transaction was a team effort. We had support from all of our investment
