Savant Capital Management and The Monitor Group, two independent fee-only registered investment advisory firms, announced Wednesday that the two firms will merge.
The combined firm, which will have 10 offices in Illinois, Wisconsin, Virginia and Florida, will be called Savant Capital LLC, and will manage more than $2.7 billion in assets. When the deal closes by the end of the summer, the combined firm will be based in Rockford, Ill.
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