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ST PETERSBURG Doyle Wealth Administration has been acquired by Canadian funding agency CI Monetary, the Toronto agency announced this week
This is the first acquisition in Florida by considered one of the largest finance and wealth management companies in Canada, which spent 2020 growing its US portfolio
CI Monetary has not launched monetary details regarding the transaction The company said Doyle Wealth Administration oversees $ 1 billion in assets
Doyle Wealth Administration got engaged because of its monetary planning, tax planning and excessive escalation price, CI Monetary CEO Kurt MacAlpine said in a press release The entry into the Florida and Tampa Bay markets further continues the technique of rapid advancement of Canadian companies within the US
There is significant potential for the (Doyle Wealth Administration) ‘s continued progress in the Tampa Bay space, one of the many fastest growing giant urban areas in the US and throughout Florida, each in wealth planning and in tax preparation companies, MacAlpine said in a statement
The location also added a famous MacAlpine element that the agency can now provide cross-border business to Canadian buyers as snowbirds winter in Florida
Doyle Wealth Administration Offers Comprehensive Money Planning For Buyers With Excessive Web Value As Per Its Website The Company Was Founded In 2005 By Jillian And Robert Bob Doyle
Bob Doyle did not respond to a name, text, or email seeking a remark from the Tampa Bay authorities on Thursday night.However, he did issue a press release by CI Monetary
This partnership will allow us to develop the depth of our service by providing and improving all elements of our operations, which will translate into enhanced expertise for our buyers ”, he said“ Become a member of CI will advance our agency’s event, benefiting our buyers and offering new alternatives to our workers
The Doyles Bob is the chairman and chief executive officer, Jillian is the monetary chief executive officer will conduct the management of the registered financing advisor Its operations and its buyers will not change due to the acquisition, said CI Monetary
Doyle Wealth Administration provides wealth administration, monetary planning and financing services to businesses, and also prepares taxes for some buyers He made the Barrons journal checklist of Floridas Prime monetary advisers of 2015 to 2020 and was ranked third in North Florida on the Forbes 2020 Checklist of America’s Best Heritage Advisors
Doyle Wealth Administration has built a solid reputation, built great capabilities in monetary and fiscal planning, and has made remarkable progress since its founding, MacAlpine said
Since entering the US Wealth Administration sector in February, CI Monetary has said it has acquired 11 companies and raised its US ownership to $ 14 billion It has purchased money market companies in Illinois, Arkansas , Massachusetts, California and Arizona
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Wealth Management, Kurt MacAlpine, CI Financial, Finance
News from around the world – CA – St Petersburgs Doyle Wealth Management acquired by a Canadian company
SOURCE: https://www.w24news.com