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New RIA Acquirer Aspen Standard Wealth Makes First Purchase. It’s a Big One

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Aspen Standard Wealth, a holding company that bills itself as a new kind of acquirer of registered investment advisor firms, has concluded its first deal, snapping up Summitry, a $2.8 billion practice in the San Francisco area. Aspen CEO Aly Kassim-Lakha says there will be many more. “I think we…

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