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- Seller
- Buyer
- Type
- Date Announced
- Seller AUM
- Lydian Trust Company (Lydian Wealth Management Company LLC)
- Windermere Investment Associates Inc.
- Wealth Management Firms
- June 1, 2004
- $3 Billion
Seller Details
Founded in 1997 by Dr. Nancy L. Jacob, Windermere Investment Associates Inc. is a Portland, OR-based independent investment advisory firm. Windermere provides customized research, investment planning and tax-efficient investment advising for high net worth individuals and institutions, as well as consulting for foundations, endowments, and institutional investors. Windermere's services are geared towards maximizing after-tax returns while minimizing risk through the use of advanced asset allocation, manager research, and performance measurement technology.
Buyer Details
Based in Rockville , Maryland , Lydian Wealth Management Company LLC is an independent investment consulting and wealth advisory firm dedicated to fulfilling the wealth management needs of investors and families with investment balances greater than $10 million. Lydian provides a comprehensive suite of wealth management services to affluent clients. Through offices in the Washington D.C. area, Seattle , Palm Beach and Atlanta , Lydian currently advises more than 150 families of exceptional wealth. Lydian Wealth Management is a wholly-owned subsidiary of Lydian Trust Company, which is a leading provider of wealth management, banking and data services for a growing base of clients and global corporate partners.
Transaction Summary
Lydian Wealth Management Company LLC acquired independent investment advisory firm Windermere Investment Associates Inc. Windermere will remain a stand-alone subsidiary and Dr. Nancy Jacob will continue to serve as the firm's president.
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