Merchant Stakes $2.5B Los Angeles RIA [Yahoo! Finance]
Omnicom Group Inc. (OMC)
Last omnicom group inc. earnings: 4/28 06:25 am
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Source: Yahoo! Finance
You can find original article here WealthManagement . Subscribe to our free daily WealthManagement newsletters Merchant Investment Management, a New York-based private partnership that provides growth capital and other support to independent financial services firms, has taken a minority stake in IFC Advisors, a Los Angeles-based registered investment advisor with about $2.5 billion in client assets. IFC was founded in 2024 by a group of breakaway advisors from Wells Fargo, including Marc Ackerman, Nhaman Pelphrey, Francois Viljoen and Craig Thomas. Jim Hays, the former president and CEO of Wells Fargo Advisors, joined IFC last year as executive chairman. Dave Colón, a former group CEO and president within Omnicom, a large global marketing and media holding company, joined about a year ago as CEO. “Partnering with Merchant enables us to further invest in our people, capabilities and growth without compromising our mission or fiduciary commitment,” Ackerman said in a statement.
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- Omnicom Group Inc. (OMC) Analyst/Investor Day Transcript [Seeking Alpha]Seeking Alpha
OMC
Earnings
- 2/18/26 - In-Line
OMC
Sec Filings
- 3/12/26 - Form 8-K
- 3/4/26 - Form 4
- 3/3/26 - Form CERT
- OMC's page on the SEC website