January 2011
I am very pleased to announce that Banyan Partners has acquired the prestigious firm of Weiss Capital Management. This is an important and strategic combination of talent and tactical asset management services that will benefit our combined client base in many ways.
Weiss Capital Management has provided personal investment management for over 25 years. They have built a firm that offered specialized investment programs designed to weather all market conditions while maintaining focus on each client relationship.
Led by their President, Sharon Daniels, WCM will add their experienced and enthusiastic professionals to our team at Banyan while expanding our investment platform across the country. We will now have more than 25 people at our headquarters in Palm Beach Gardens, Florida and another 10 professionals working at our regional offices in Boston, Manhattan, Atlanta, Memphis and Naples.
With the combination of Weiss, and our recent acquisition of Colonial Wealth Management in Boston, Banyan now manages over $1 Billion in client assets. We will continue to strategically build our national presence focused on providing unique, customized investment solutions to individuals and institutions.