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Stock impact report

Fiduciary Trust Company International to Acquire Athena Capital Advisors in Merger Deal

Franklin Resources, Inc. (BEN) 
Last franklin resources, inc. earnings: 4/30 08:30 am Check Earnings Report
Company Research Source: Business Wire
Franklin Templeton Subsidiary Extends Presence into New England with $6 Billion U.S. Wealth Manager NEW YORK--(BUSINESS WIRE)--Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Resources, Inc. [NYSE:BEN], today announced that it has entered into an agreement to acquire Athena Capital Advisors, LLC in a merger transaction. Athena Capital, a nationally registered investment advisor (RIA), has approximately $6 billion in assets under management. The acquisition will expand Fiduciary Trust Company International’s offerings, further diversifying the firm’s investment solutions for meeting the evolving needs of high-net-worth and ultra-high-net-worth clients.Established in 1993 by Lisette Cooper, PhD, Athena Capital Advisors is based in Lincoln, MA, with an additional office in New York, NY. The firm’s capabilities include building diversified portfolios through an endowment style of investing, as well as impact investing, outsourced c Show less Read more
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