Pathstone acquires $1.1 billion RIA

first_img 5 House committee poised to advance SECURE 2.0 retirement savings bill Pathstone, an Englewood, New Jersey-based registered investment advisory firm and family office managing $10.3 billion, has acquired Cornerstone Capital Group, a New York City-based RIA managing $1.1 billion that specializes in sustainable and impact investing. 1 InvestCloud to acquire Advicent and NaviPlan planning software 2 For reprint and licensing requests for this article, click here,MOST READ Subscribe for original insights, commentary and analysis of the issues facing the financial advice community, from the InvestmentNews team. Why Tony Robbins, tax shelters and financial advisers don’t mix 3 House panel unanimously passes SECURE 2.0 4 Newsletters Cornerstone’s expertise in portfolio construction incorporating sustainable investing principles will enhance Pathstone’s existing efforts in that area, the company said in a release.Cornerstone’s CEO, Erika Karp, will join Pathstone as its chief impact officer. Craig Metrick, Cornerstone’s chief investment officer, Katherine Pease, its chief impact strategist, and other Cornerstone staff will also join Pathstone. The Gates divorce: Lessons for financial adviserslast_img read more