Cerity Partners acquires $3 billion EMM Wealth

The addition of the New York-based RIA brings Cerity's AUM to $26 billion

Cerity Partners, a Chicago-based registered investment advisory firm, has acquired EMM Wealth, a New York-based RIA managing $3 billion.

Cerity Partners now manages approximately $26 billion in assets, the company said in a release.

EMM Wealth, which has 36 employees, is led by co-CEOs Lloyd Abramowitz and David Aaron, as well as Thomas O’Brien, the chief financial officer.

Terms of the deal were not disclosed.

[More: M&A in the RIA space rides to another record year]

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