Sandlapper Wealth Management, a Greenville-based registered investment advisory firm, has wrapped up the takeover of Colony Park Financial Services of Dunwoody, Georgia.
The acquisition has extended the presence of investment advisory firm in four US states, greenvilleonline.com reported.
Colony Park operates as a broker dealer and registered investment advisor, and manages a team of 16 advisory and brokerage representatives. The company has six offices located in Atlanta, Los Angeles, Cincinnati and Chicago.
Under the terms of the agreement, which was signed in March 2014, Colony Park’s registered representatives will be merged into Sandlapper Securities, with advisory business remaining under the Colony Park banner.
Further, Bjorn Jordan, chief operating officer and chief compliance officer of Colony Park, will assume the post of chief operating officer for both Sandlapper Wealth Management and Sandlapper Securities.
Sandlapper Securities founder Trevor Gordon was quoted by greenvilleonline.com as saying, "The talent that these individuals bring to our team will allow us to continue to grow the assets and capabilities within our group of companies."
Sandlapper has a team of 33 registered representatives across the US and 13 supporting staffers.