MADISON, Wis., June 11, 2021 (GLOBE NEWSWIRE) — Madison Investments Holdings, Inc. (Madison Investments), an impartial funding administration agency, immediately introduced it has accomplished the acquisition of the Milwaukee-based Reinhart Mounted Revenue Workforce, mounted revenue funding methods and purchasers. At shut, this added roughly $4.6 billion in belongings to Madison Investments’ rising funding administration enterprise. This acquisition was beforehand introduced in March 2021.
“We proceed to execute on our imaginative and prescient to keep up and enhance our standing as an trade chief within the cash administration enterprise whereas offering an impressive shopper expertise,” mentioned Steve Carl, Principal, Chief Distribution Officer for Madison Investments.
The acquisition accomplished immediately elevated Madison Investments complete belongings to roughly $23 billion with $12.5 billion invested in an array of mounted revenue methods.
About Madison Investments
Madison Investments, based in 1974, is an impartial, diversified funding agency providing funding administration and funding advisory options. The agency, headquartered in Madison, WI, manages roughly $23 Billion in shopper belongings as of June 11, 2021. Madison Investments’ 4 funding groups: Mounted Revenue, U.S. Fairness, Worldwide Fairness and Multi-Asset Options, provide funding methods and options to a big selection of purchasers: Monetary Advisors, Consultants, Credit score Unions, Insurance coverage Corporations, and Personal Purchasers. The agency has constructed a nationwide fame for superior customer support, disciplined danger administration, and providing actively managed options differentiated from passive benchmarks.
Steven A. Carl, Principal and Chief Distribution Officer