Verdence Capital Advisors to Enter into Strategic Partnership with Wealth Partners Capital Group and HGGC
Verdence Capital Advisors, LLC (“Verdence”), a Maryland-based registered investment adviser (“RIA”), today is excited to announce it will enter into an equity partnership with Wealth Partners Capital Group (“WPCG”), a financial services holding company, and HGGC, a values-driven, partnership-focused middle-market private equity firm. WPCG and the Aspire Holdings platform of HGGC will make an equity investment in Verdence to support the firm’s strategic M&A initiatives, organic growth and expansion of client resources. The management team of Verdence will remain significant shareholders as part of the transaction.
Verdence Capital Advisors Has Received a Minority Investment From Emigrant Partners/New York Private Bank & Trust
Verdence Capital Advisors, LLC, is pleased to announce that New York Private Bank & Trust (NYPB&T), through its subsidiary Emigrant Partners, has completed a minority investment in Verdence Capital Advisors, a financial planning and independent wealth management firm headquartered near Baltimore, Maryland. The infusion of capital and intellectual alignment will help Verdence enhance service offerings for clients by investing in their platform and expanding their team. Additionally, Verdence will accelerate growth by developing a national footprint through M&A.
