Bringing you live news and features since 2006 

Beacon Trust completes acquisition of Tirschwell & Loewy


Beacon Investment Advisory Services, a registered investment adviser and wholly owned subsidiary of Beacon Trust Company, a Morristown, New Jersey-based, full-service wealth management firm (Beacon Trust), has completed its previously disclosed acquisition of New York City-based, independent registered investment adviser, Tirschwell & Loewy, Inc.

Beacon Trust will operate the newly acquired firm, Tirschwell Loewy & Friedner Investments, as a division of Beacon Trust. Jeffrey Loewy and Howard Friedner will continue to manage the firm’s investment strategy. With the completion of this acquisition, the total assets under management of the combined companies are approximately USD3 billion.

“We are pleased to welcome the clients and employees of Tirschwell & Loewy to Beacon Trust. I am confident that Tirschwell & Loewy’s reputation and talented team will be a tremendous asset to our organisation and will enable us to grow our business in the desirable New York City market,” says Valerie Murray, President of Beacon Trust. “With our combined resources, we look forward to delivering enhanced wealth management services and solutions to all of our clients.”

Jeffrey Loewy and Howard Friedner say: “We are delighted to be joining Beacon Trust. By combining our investment management business with Beacon Trust’s full-service wealth advisory business, we are confident we will be able to serve our clients better than ever.”

Keefe, Bruyette & Woods served as the financial advisor to Beacon Trust, and Morgan, Lewis & Bockius, served as its legal counsel. Park Sutton Advisors, LLC served as the financial advisor to Tirschwell & Loewy, and BakerHostetler served as its legal counsel.

Latest News

Fidelity International has announced the launch of the Fidelity Global Government Bond Climate Aware UCITS ETF, expanding its climate-focused ETF..
ETFs in Europe gathered net inflows of USD8.61 billion during February, bringing year-to-date net inflows to USD27.94 billion, according to..
Global ETFs gathered USD19.96 billion in net inflows during February bringing year to date net inflows to USD79.79 billion, according..
Since Thursday, four new ETFs issued by Xtrackers are tradable on Xetra and via the trading venue Börse Frankfurt...

Related Articles

Off the Record Episode 1
ETF Express is pleased to announce the launch of Off the Record, a new podcast series, in partnership with Truss...
February ETF flow figures from iShares at BlackRock reveal that inflows into global ETPs were moderate for a fifth consecutive...
Noel Archard, AllianceBernstein
Noel Archard has been in position as the global head of ETFs at AllianceBernstein for just over a year and...
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