Eric Kittner News Today

Outside input is important, but choose carefully. There are only a handful of bankers and attorneys with the requisite expertise.

St. Louis-based firm launches fourth expansion location in four years.

After two years of record M&A, rising asset prices and increasing digitization, independent advisors are poised to take on the brokerages, executives said.

The leadership team at Moneta says the firm’s recent launch of its own trust company fortifies its independence and commitment to helping clients transfer their wealth from one generation to the next.

Another RIA Gets Into the Trust Business Moneta, a $27 billion RIA headquartered in St. Louis, is the latest firm to bring trust company services in-house; observers say its unlikely to be a widespread trend. Last week, Moneta, a registered investment advisor with $27 billion in assets under management, launched its own trust company, Moneta Trust. Moneta CEO and Chairman of the Board Eric Kittner said the move by the partner-owned company was motivated by client demand as well as the RI...

Posted on 325 Moneta, a 100% partner-owned registered investment advisor (RIA) firm headquartered in Missouri, announces a significant expansion to its geographic footprint with a deal to merge in the principals and clients of The Berry Group of Worcester, Massachusetts. This addition is expected to bring $625 million in assets under management and represents the firm’s first presence in the Northeast. While geographic expansion is...

Moneta, a partner-owned registered investment advisor company headquartered in St. Louis, has announced a merger with Worcester financial firm The Berry Group on Thursday.

The Berry Group, a Massachusetts-based registered investment adviser managing $625 million, has merged into Moneta, a St. Louis-based RIA.