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Announcement

Boston Advisors acquires assets of Weyland Capital Management

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Boston Advisors is to acquire the assets of Weyland Capital Management, an investment advisory firm based in Portsmouth, New Hampshire.

Weyland manages USD175 million of multi-asset portfolios for approximately 130 clients nationwide. These clients will join Boston Advisors' Private Advisory Group, which serves affluent clients with customised, institutional-calibre investment programmes. 
 
Boston Advisors found Weyland's business attractive because of its commitment to achieving clients' financial goals and strong investment culture.
 
"The heart of this combination lies in our commonality of approach to the investment markets and how we serve our clients," says Michael J Vogelzang, president and chief investment officer of Boston Advisors. "We are thrilled to find a boutique firm with the level of investment acumen that Weyland brings. In addition, their long and deep client relationships are truly terrific. We look forward to welcoming their clients and talented staff to our firm."
 
The new partnership will facilitate succession planning for Weyland's CEO Polly Henkel. 
 
"I have searched for the right organisation to take Weyland's investment discipline to the next level and to maintain our deep commitment to clients,” says Henkel. “I believe we have found that in Boston Advisors. We strongly believe that our clients will be served best with a deeper bench, more resources and strong leadership. Boston Advisors sees the value of our investment model – so much so they will make it a core part of their firm's private client strategy. For me, as CEO and a Weyland investor, they were the clear choice to shepherd our firm and investors into the future."
 
The transaction is expected to close by the end of September. 

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