|Last Price$2.35||Day Change (%)0%|
|Open Price$2.35||Day Change ($)0.00|
|Day Range2.35–2.35||52-Week Range2.22–5.23|
As of Wed 12/11/2013 01:29 PM EST | USD
After being mugged in Buenos Aires, United Capital's Joe Duran reflects on how chaotic — and precious — life can be.
Taiwan Jets Fly into China Air Defense Zone
The firm's holding company has taken in $38 million in new investments to help fuel its growth and provide some existing advisers with cash, United Capital chief executive officer Joe Duran said Monday.
United Capital's acquisition of Virginia-based c5 follows on the heels of its July 1 announcement that it has acquired Georgia-based PPA Advisors.
The acquisition comes just nine days after United Capital acquired an Atlanta wealth manager and is the latest example of the firm's aggressive, Starbucks-inspired expansion strategy.
United Capital Financial Advisers LLC is acquiring PPA Investments Inc. and signing on four advisers from the Atlanta-based registered investment adviser.
To continue its expansion in Atlanta, United Capital announced Monday it bought the majority of the assets of Atlanta-based PPA Advisors.
Buys majority of assets from c5 Wealth Management
In other M&A news, Envestnet completed its acquisition of Prudential WMS, and Madison Dearborn Partners completed its NFP deal.