NewsNovo
The $700 million in assets that Resource Financial Group has managed from Wilmette, Illinois is moving to a new platform.
Choreo, LLC has acquired substantially all of RFG's assets, bringing a business planning-focused practice into its Chicago-area footprint. The financial terms were not disclosed.
What the deal adds Resource Financial Group is a Wilmette-based registered investment adviser, and its business planning orientation defines the practice.
Firms built around planning rather than pure portfolio management tend to embed themselves more deeply in clients' financial lives, which typically supports stronger retention.
Keep reading