MADISON, Wis., June 11, 2021 (GLOBE NEWSWIRE) — Madison Investments Holdings, Inc. (Madison Investments), an unbiased funding administration agency, at the moment introduced it has accomplished the acquisition of the Milwaukee-based Reinhart Mounted Revenue Crew, fastened earnings funding methods and purchasers. At shut, this added roughly $4.6 billion in property to Madison Investments’ rising funding administration enterprise. This acquisition was beforehand introduced in March 2021.
“We proceed to execute on our imaginative and prescient to take care of and enhance our standing as an trade chief within the cash administration enterprise whereas offering an impressive consumer expertise,” stated Steve Carl, Principal, Chief Distribution Officer for Madison Investments.
The acquisition accomplished at the moment elevated Madison Investments complete property to roughly $23 billion with $12.5 billion invested in an array of fastened earnings methods.
About Madison Investments
Madison Investments, based in 1974, is an unbiased, diversified funding agency providing funding administration and funding advisory options. The agency, headquartered in Madison, WI, manages roughly $23 Billion in consumer property as of June 11, 2021. Madison Investments’ 4 funding groups: Mounted Revenue, U.S. Fairness, Worldwide Fairness and Multi-Asset Options, provide funding methods and options to a big selection of purchasers: Monetary Advisors, Consultants, Credit score Unions, Insurance coverage Corporations, and Non-public Shoppers. The agency has constructed a nationwide fame for superior customer support, disciplined danger administration, and providing actively managed options differentiated from passive benchmarks.
Steven A. Carl, Principal and Chief Distribution Officer