ALEXANDRIA, VA, January 16, 2012 (Press-News.org) Alexandria Financial Associates ("AFA" - Private Wealth Management Division of Botree Westmount Partners) today announced that on December 31, 2011, it acquired Capital Management Group ("CMG"), a Registered Investment Advisor (RIA) with more than USD $160 million in assets under management.
CMG, based in Washington DC, provides independent "Fee-Only" asset management services to High Net Worth individuals, estates and trusts primarily in The Washington DC, Maryland and Northern Virginia.
"CMG is a strong fit with our business. It understands the importance of remaining "Fee-Only" despite the industry's recent attraction to the commission and fee-based business models. This acquisition enables us to further strengthen our professional depth and diversity in the RIA space, where AFA and CMG already have a strong industry footprint. We also welcome CMG's employees and clients. We are confident that we will continue to provide the trusted, high-quality service that CMG and AFA clients have come to expect," said Augustine Hong, CEO of Alexandria Financial Associates.
William G. Brennan, Founder & CEO of Capital Management Group, said, "We believe that the reputation and the quality of professionals at Alexandria Financial, together with CMG's long history of service excellence, will further enhance the client experience with our combined firm and will position the company for continued growth in the RIA space going forward."
The combined entity will manage over $400mm in client assets (both direct and roll up advisory) and will have offices in Washington DC, Virginia and New Jersey. Mr. Augustine Hong will retain the CEO/Managing Partner role and Mr. William Brennan will take on an active role as the Executive Vice President of Wealth Management Services for the combined entity.
For further information, please contact
Press and Media Relations /Investor Relations:
Alexandria Financial Associates:
Augustine Hong (201) 363-0800
www.botreewestmount.com
Capital Management Group:
William G. Brennan (202) 391-0171
www.cmg-llc.net
About the transaction parties:
Alexandria Financial Associates, a Botree Westmount Partners, LLC operating company, was founded in 1987.
Capital Management Group is a Registered Investment Advisor (RIA) and was founded in 1994 by Bill Brennan. Bill has been recognized as one of the top financial advisors in Washington D.C. by Washingtonian magazine, and Accounting Today recognized Bill as "one of the highest-profile CPA-financial planners in the country." Bill serves on the board of several organizations and has been a trusted financial advisor for over 30 years.
Botree Westmount Partners is an SEC Registered Investment Advisor with offices in NJ, VA and DC.
Botree Westmount Partners to Acquire a DC Wealth Management Firm to Kick-Start the New Year
Alexandria Financial Associates, a division of Botree Westmount Partners, announced that it acquired a DC based SEC Registered Investment Advisor, Capital Management Group, LLC.
2012-01-16
ELSE PRESS RELEASES FROM THIS DATE:
Southern Petroleum Laboratories, Inc. Opens New Facility
2012-01-16
Southern Petroleum Laboratories, Inc. ("SPL") is pleased to announce its newest addition to the family of SPL locations - Pleasanton, Texas. This new facility will service the oil and gas production companies, midstream operations, plants, and pipelines in the Eagle Ford shale area.
SPL is not new to the shale play market. In addition to our Pleasanton, TX location, our facilities in Venus, Carthage, and Houston, Texas and Shreveport and Carencro, Louisiana are in close proximity to the Barnett, Eagle Ford, and Haynesville shale areas. With a total of ten facilities ...
What's Really In Your Mattress? - A Comprehensive Guide on the Usage of Chemicals in Your Mattress
2012-01-16
Conventional mattresses are very likely to contain chemicals, some potentially toxic to humans and/or harmful to the environment. Most of these chemical compounds have a cloud surrounding the information on the possible harms they can cause. The way to go green is to choose a mattress with fewer chemicals or no chemicals. The ideal mattress would have low VOCs, no CFCs, no PBDEs, no heavy metals, no formaldehyde, and no phthalates. But what are these chemicals and how do they affect the environment and you?
Understanding Low Emissions (low VOCs) -
(VOCs) Volatile ...
Multi-core Rugged COM Uses PowerPC to Achieve Unprecedented Processing Speeds
2012-01-13
MEN Micro Inc., a world-renowned provider of embedded computing and I/O solutions for mission-critical industrial, mobile and harsh environment applications, now offers a PowerPC-based rugged computer-on-module (COM) that offers speeds up to 1.5 GHz via multi-core processing. Equipped with a Freescale QorIQ processor, the new XM51 is an extension on MEN Micro's family of ruggedized COMs based on the space-saving ESMexpress standard, currently in preparation with ANSI/VITA as RSE 59.
When coupled with an application-specific carrier board, the compact XM51 becomes a semi-custom ...
Clean Design Hires Jennifer Hazelett As Vice President
2012-01-13
Natalie Perkins, president of Clean Design, Inc. (http://www.cleandesign.com), a branding and design agency, has announced that Jennifer Hazelett has joined the agency as vice president, account management director. With more than 13 years of experience, Hazelett will bring valuable skills to the management team for building brand and client relationships to achieve client and agency business goals. Prior to joining Clean Design, Hazelett was most recently an account director at McKinney in Durham, N.C. She has experience with such clients as Travelocity, Lands' End, First ...
Renewable Energy Specialists Eco Associates Launch New Website
2012-01-13
Eco Associates specialise in renewable energy systems, particularly photovoltaic systems, and design and produce photovoltaic systems for both private and commercial users.
Working closely with Grain and Co, a consultancy specialising in property development ensures that Eco Associates know a lot about property developing, getting the best out of land and using alternative routes in every way.
Eco Associates takes its inspiration from nature, combining economics with the best ecological thinking. So you get the best knowledge, the best advice on possibilities and ...
Woodward Landscape Supply Sponsoring Booths at Suburban Home & Garden Show
2012-01-13
Woodward Landscape Supply is sponsoring four booths at the Suburban Home & Garden Show February 23-26 to be held at the Greater Philadelphia Expo Center in Oaks, PA. One booth will display CST walls and Mono-Cast pavers; one will feature EP Henry hardscaping products; one will exhibit Techo-Bloc products focusing on simulated stone products; and the final booth will display natural stone. Contractors from across the Philadelphia area will be available in these booths to discuss outdoor living projects at the home show. Contractors will also be booking no-charge project ...
Waiting Room Solutions is Chosen by AG Pain Management as Their Provider for Electronic Medical Record (EMR) and Practice Management Software.
2012-01-13
Waiting Room Solutions (WRS), the leading web based EMR and PM provider, announced today that AG Pain Management has chosen Waiting Room Solutions as their practice management and electronic medical records solution. AG Pain Management will be using WRS to automate their successful pain management practice located in Simi Valley, California. The use of Waiting Room Solutions' web based EMR will qualify this practice to collect Physicians Quality Reporting Initiative (PQRI) and American Reinvestment and Recovery Act (ARRA) EHR Stimulus Incentive monies.
Waiting Room Solutions ...
STATE Contracting, Inc. Progressing On Entrance Improvement Project For Jordan High School
2012-01-13
Deborah Todd, president of STATE Contracting, Inc., has announced that the privately held firm, specializing in site development and roadway improvement, is progressing on its work to improve access at Jordan High School in Durham, N.C., for what is the largest project in scope that the firm has ever handled. Work began in early 2011 to construct a second vehicle entrance into the high school from its location at 6806 Garrett Road, widen sections of the existing road, upgrade sidewalks on campus, create a new parking lot, and install curbs and gutters for stormwater runoff ...
Explore Talent (http://www.exploretalent.com) Reaches Six and a Half Million Members Today
2012-01-13
ExploreTalent, a premier online social-network for industry insiders, announced today that the company has reach to a total of six and a half million members. Explore Talent is a professional site that connects actors, models, musicians and dancers in the United States. The online community has been responsible for new collaborations and business ventures in entertainment because of their vast lists of casting calls and auditions. Explore Talent is responsible for countless models and actors getting acting jobs and modeling jobs. Explore Talent also helps aspiring entertainment ...
GTECH G2 to Showcase New Products and Technologies at ICE 2012
2012-01-13
GTECH G2 the premier full service provider to the iGaming and sports betting industry is launching an array of new products and technologies at ICE this year.
The company will be showcasing Casino Job: - its first 3D game. The game is designed to excite and engage players as they adopt one of four true-to-life characters, including an Angelina Jolie lookalike, and crack into the casino safe against the clock. Casino Job is the first of many new games that will see GTECH G2 push new boundaries in game development during 2012.
The desire to meet and exceed player needs ...
LAST 30 PRESS RELEASES:
Be humble: Pitt studies reveal how to increase perceived trustworthiness of scientists
Promising daily tablet increases growth in children with dwarfism
How 70% of the Mediterranean Sea was lost 5.5 million years ago
Keeping the lights on and the pantry stocked: Ensuring water for energy and food production
Parkinson’s Paradox: When more dopamine means more tremor
Study identifies strategy for AI cost-efficiency in health care settings
NIH-developed AI algorithm successfully matches potential volunteers to clinical trials release
Greg Liu is in his element using chemistry to tackle the plastics problem
Cocoa or green tea could protect you from the negative effects of fatty foods during mental stress - study
A new model to explore the epidermal renewal
Study reveals significant global disparities in cancer care across different countries
Proactively screening diabetics for heart disease does not improve long-term mortality rates or reduce future cardiac events, new study finds
New model can help understand coexistence in nature
National Poll: Some parents need support managing children's anger
Political shadows cast by the Antarctic curtain
Scientists lead study on ‘spray on, wash off’ bandages for painful EB condition
A new discovery about pain signalling may contribute to better treatment of chronic pain
Migrating birds have stowaway passengers: invasive ticks could spread novel diseases around the world
Diabetes drug shows promise in protecting kidneys
Updated model reduces liver transplant disparities for women
Risk of internal bleeding doubles when people on anticoagulants take NSAID painkiller
‘Teen-friendly’ mindfulness therapy aims to help combat depression among teenagers
Innovative risk score accurately calculates which kidney transplant candidates are also at risk for heart attack or stroke, new study finds
Kidney outcomes in transthyretin amyloid cardiomyopathy
Partial cardiac denervation to prevent postoperative atrial fibrillation after coronary artery bypass grafting
Finerenone in women and men with heart failure with mildly reduced or preserved ejection fraction
Finerenone, serum potassium, and clinical outcomes in heart failure with mildly reduced or preserved ejection fraction
Hormone therapy reshapes the skeleton in transgender individuals who previously blocked puberty
Evaluating performance and agreement of coronary heart disease polygenic risk scores
Heart failure in zero gravity— external constraint and cardiac hemodynamics
[Press-News.org] Botree Westmount Partners to Acquire a DC Wealth Management Firm to Kick-Start the New YearAlexandria Financial Associates, a division of Botree Westmount Partners, announced that it acquired a DC based SEC Registered Investment Advisor, Capital Management Group, LLC.