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Edelman Financial Engines has acquired its first RIA since its merger. Edelman Financial Engines, an independent financial planning firm that was created through the combination of Edelman Financial Services and Financial Engines, has acquired Viridian Advisors, a Bothell, Wash.–based financial and tax planning RIA with $846 million in assets across more than 800 clients. The deal represents Edelman s first RIA acquisition since the merger. The deal is expected to close in the second quarter, according to the company. Further details of the transaction were not disclosed. Employee-owned Viridian provides financial planning, investment management, and tax planning and preparation services. The tax services will be a new addition to Edelman. ....
Edelman Financial Engines Acquires $846M RIA Viridian Advisors wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.