With offices in Leesburg, Bethesda, MD, and Cincinnati, OH, Madison Wealth Management has acquired Greystone Investment Management, a Cincinnati-based investment advisor.
The Greystone staff, its approximately 100 client relationships and $300 million in assets under management transitioned to Madison effective Jan. 2. The combined firm will manage over $800 million in assets.
“People and culture are keys to our success,” said Jim McDermott, Madison president and co-founder. “Peter Levin, Greystone’s chairman and co-founder, and Sally Humphrey, its CEO, have created a strong, collaborative team that will complement and strengthen the Madison team. This new partnership enhances our exemplary client services, operations and business development. Our clients will benefit from an expanded level of investment research, financial planning and customized wealth management solutions.”
Like Greystone, Madison is an independent, employee-owned firm that is dedicated to helping clients achieve their financial goals. The Leesburg office is located at 101 Wirt St. Learn more at madisonadvisors.com.