Nicolet National Bank is to acquire Navigator Planning Group. The acquisition will close on or before 1 April, 2016.
As part of the acquisition, certain financial advisors and staff of Navigator will join Nicolet's wealth management team. In addition, it is anticipated that Patrick "PJ" Madson will become a senior vice president of Nicolet and Head of Nicolet Wealth Management.
Scot Madson, Registered Principal and Managing Partner of Navigator said, "We are looking forward to our team merging with Nicolet Wealth Management. The new team will create a formidable investment and wealth management group by combining the best practices of each. Our customer-first approach is unmatched in the communities we serve."
Bob Atwell, CEO and Chairman of Nicolet, says: "Partnering with the well-known, highly professional people at Navigator fits well with our overall growth strategies. Separately we are good. Together, we will be better."