Bringing you live news and features since 2006 

Jacobus Wealth Management to join RMB Capital


Independent financial services firm RMB Capital (RMB) is to combine with Jacobus Wealth Management (JWM), a privately held Registered Investment Advisor based in Milwaukee, Wisconsin.

The transaction will add approximately USD860 million in assets under management. JWM employees – including Peter Bach, JWM chairman and CEO, and Dan Matola, JWM president and chief investment officer – will become RMB employees as of the transaction closing date, November 30. JWM’s Milwaukee location will become known as RMB Jacobus, in recognition of JWM’s more than 30-year presence in the community and its founder’s lifetime career in Wisconsin’s financial services industry. Richard Jacobus, JWM chairman emeritus, originally founded the firm in 1985 and served as chairman until late 2009, when Bach assumed the role.
“JWM is well-known in Milwaukee, where the team has established a reputation for the quality of service they provide to their clients,” says Richard M Burridge, J., RMB founding partner, CEO and chief investment officer. “My longtime colleague and RMB partner Jeff Pearsall has known senior executives from JWM for more than a decade, and it’s a great fit from a philosophical and cultural perspective. We are excited to work together. JWM also brings deep expertise in family office services, which is invaluable as we continue to develop that practice at RMB.”
When JWM was founded, it was a single family office serving multiple generations of the Jacobus family. It became a Registered Investment Advisor in 1996 and began serving additional clients with its investment advisory and family office services. Over time, the firm expanded its capabilities related to tax and financial planning.
“We take a diligent and thoughtful approach in preparing and investing for our clients’ future, and we’ve done the same in evaluating this opportunity for our business going forward,” Bach says. “RMB holds themselves to the same high standards of service that we do – and that our clients deserve and expect. The caliber and depth of RMB’s team is remarkable, and we are excited for the opportunity to tap into their investment, planning, and operations resources for the benefit of our clients.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by