Mellon Financial Corp. announced this week it has completed its purchase of Providence Group Investment Advisory Co.

The Pittsburgh banking company said in September that it would buy the Rhode Island advisory firm, which specializes in high-net-worth investors and families. The deal's terms were not disclosed.

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.