Mesirow, a large, diversified financial-services company based in Chicago, is expanding its wealth management business with an agreement to acquire Front Barnett, a registered investment advisor that manages $1.2 billion in assets for wealthy clients.
Mesirow oversees more than $256 billion in assets across its business lines, which include investment management and investment banking, and counts nearly $57 billion in advisory assets under management. The firm’s wealth management unit ranked No. 48 on .
The…
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