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Stock impact report

DayMark Wealth Partners Receives Minority Investment From Constellation Wealth Capital [Yahoo! Finance]

Houlihan Lokey, Inc. Class A (HLI) 
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hl.com/us/pressreleases.aspx
Company Research Source: Yahoo! Finance
growing registered investment advisor, today announced that Constellation Wealth Capital ("CWC"), an alternative asset management platform, has acquired a minority stake in the firm. DayMark has achieved significant growth since its launch in 2022, expanding from a seven-person team with $1.4bn in assets under management (AUM) to more than $4.5bn in AUM today. The firm's national footprint includes offices in key markets across the country, including Cincinnati, Pepper Pike, and Westlake, Ohio; Chicago, Illinois; Park City, Utah; and Southport, CT. In June 2024, DayMark expanded into Florida with offices in Fort Lauderdale and Stuart following the acquisition of an advisory team from Wells Fargo Advisors FINET channel, establishing a foothold in one of the nation's most coveted and dynamic wealth management markets. "The capital and strategic resources provided by CWC will allow our firm to continue on our ambitious growth path and, most importantly, extend our reach to help even Show less Read more
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