bank of oklahoma online banking
Kansas City, Mo., 30 June 2010 (BUSINESS WIRE) - UMB Financial Corporation / quotes/comstock/15 *! Umbf / quotes / nls / umbf (UMBF 36.05, 0.10, 0.28%), has signed a definitive agreement to acquire the assets of Prairie Capital Management LLC, (Prairie) is an independent Asset Management and Wealth Management is based in Kansas City, Mo. The transaction is expected based on 30 July 2010 near.
Prairie, with offices in Kansas City, Denver, Chicago and Philadelphia, operates a national asset and wealth management practice serving a diverse client base including high net worth private clients, family offices, trusts, foundations and endowments, corporations and plan sponsors. The Prairie team provides institutional-quality investment advice, using a multi-manager approach on an open architecture platform.
The addition of Prairie Capital Management reflects UMB's strategic focus to invest in and grow our wealth management business," said Clyde Wendel, vice chairman, UMB Bank. "The independent investment manager structure offered by Prairie will provide qualified UMB clients an exciting and innovative range of new professional services. Prairie has extensive experience advising clients as they invest with managers across all asset classes, and also provides unique access to many leading global investment managers."
Kansas City, Mo., 30 June 2010 (BUSINESS WIRE) - UMB Financial Corporation / quotes/comstock/15 *! Umbf / quotes / nls / umbf (UMBF 36.05, 0.10, 0.28%), has signed a definitive agreement to acquire the assets of Prairie Capital Management LLC, (Prairie) is an independent Asset Management and Wealth Management is based in Kansas City, Mo. The transaction is expected based on 30 July 2010 near.
Prairie, with offices in Kansas City, Denver, Chicago and Philadelphia, operates a national asset and wealth management practice serving a diverse client base including high net worth private clients, family offices, trusts, foundations and endowments, corporations and plan sponsors. The Prairie team provides institutional-quality investment advice, using a multi-manager approach on an open architecture platform.
The addition of Prairie Capital Management reflects UMB's strategic focus to invest in and grow our wealth management business," said Clyde Wendel, vice chairman, UMB Bank. "The independent investment manager structure offered by Prairie will provide qualified UMB clients an exciting and innovative range of new professional services. Prairie has extensive experience advising clients as they invest with managers across all asset classes, and also provides unique access to many leading global investment managers."
No comments:
Post a Comment