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Rockefeller Capital Management Acquires Wealth Management Business Of Spearhead Capital In Wellington, Fl; Will Be Known As Bostwick Walters Group

Jun 06, 2022•about 3 years ago

Acquiring Company

Rockefeller Capital Management

Acquired Company

Spearhead Capital

Administrative Services

Description

Rockefeller Capital Management today said it has acquired the wealth management business of Spearhead Capital, a premier Florida boutique financial services firm providing a range of solutions to ultra-high net worth investors, family offices, and private placement markets.

Company Information

Company

Rockefeller Capital Management

About

Rockefeller Capital Management was established in 2018 as a leading independent, privately-owned financial services firm. Originally founded in 1882 as the family office of John D. Rockefeller, the Firm has evolved to offer strategic advice to ultra-high-net-worth and high-net-worth individuals and families, institutions and corporations from 38 locations across the United States. Early in 2022, the Firm opened an office in London. As of March 31, 2022, the Firm was responsible for approximately $95 billion in client assets across its three business segments, the Rockefeller Global Family Office, which includes both the Private Wealth Management and Family Office businesses, Rockefeller Asset Management and Rockefeller Strategic Advisory.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed