Edelman Financial Engines Acquires Herrmann & Cooke Wealth Management
October 5, 2022
Edelman Financial Engines has acquired Herrmann & Cooke Wealth Management, a fiduciary Registered Investment Advisor based in Danville, California that manages approximately $490 million for ~600 clients. The acquisition expands Edelman Financial Engines' wealth planning and advisor network in Northern California and adds capacity to support growing client demand in the region.
- Buyers
- Edelman Financial Engines
- Targets
- Herrmann & Cooke Wealth Management
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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