Independent wealth management firm Banyan Partners is nearly doubling its assets under management to $4 billion by acquiring two firms simultaneously.

The two firms are Rushmore Investment Advisors, in Dallas, and Holt-Smith Advisors, in Madison, Wis.; Banyan is based in in Palm Beach Gardens, Fla.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.