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Private Ocean tops USD1bn in assets

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Wealth management firm Private Ocean hit a new milestone this month when assets under management (AUM) topped USD1 billion for the first time.

“This has been a Private Ocean growth goal for quite some time,” says Richard Stone, co-founder.
 
“It gives us the ability to provide greater resources for our clients and ensures that we will be able to serve them and their families well into the future,” says Greg Friedman, CEO/co-founder.
 
He says being larger gives the next generation employees and owners the opportunity to carry Private Ocean sustainably into the future.

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